Topics

General Motors

Ford plans electric vehicle to compete with Tesla Model 3, Chevy Bolt

Ford plans electric vehicle to compete with Tesla Model 3, Chevy Bolt

Ford plans to introduce a long-range electric vehicle to compete with battery-powered models coming from Tesla Motors and General Motors that would go 200 miles or more on a charge.

"Our approach, very simply, is we want to make sure that we're either among the leaders or in a leadership position," Chief Executive Officer Mark Fields told analysts and reporters on a conference call Thursday. "When you look at some of the competitors and what they've announced, clearly, that's something we're developing for." He didn't say when Ford would start making the vehicle.

Ford joins a growing field of automakers seeking to overcome...

Loading
55°