Ford CEO says he may make electric cars in China
Ford Motors may make electric cars in China said chief executive officer Alan Mulally in a Bloomberg Television interview. But he was short on details as to when this might happen even though rivals General Motors and Daimler have already nailed down plans with local partners.
Mulally was in China for the ground-breaking of an engine transmission plant at Ford’s venture with Changan Automobile Group. While he was upbeat about the future with China planning to have one million electric-powered vehicles on the road by 2015, he said there were still questions over infrastructure and battery technology.
“As we move to more electrification, you’re going to see more hybrids, plug-in hybrids and all-electric cars,” Mulally said.
However as the interview progressed Mulally turned his attention to winning a greater slice of the conventional auto market where Ford is spending USD1.6 billion building four factories in China. According to JD Power & Associates Ford had 2.7 percent of the passenger-vehicle market in China up until June.Expansion in Asia is part of Mulally’s wider plan to boost annual global sales by 50 percent to 8 million vehicles by 2015. Ford’s China sales have risen 11 percent this year to 341,746, the company said.