Ford to abandon selling gasoline-powered cars

Ford has pledged that all of its cars on sale in Europe will be electric by 2030, Report informs, referring to The Guardian.

The US car giant said that it was going ‘all in’ on electric vehicles and would invest $1 billion converting a vehicle assembly plant in Cologne, Germany, to become its first electric vehicle facility in Europe.

It said the first all-electric cars would start rolling off the production line there in 2023.

Ford promised that all of its passenger cars in Europe would be ‘zero-emissions capable all-electric or plug-in hybrid’ by mid-2026, before ramping up its ambitions to be ‘completely all-electric by 2030.’

"It underlines our commitment to Europe and a modern future with electric vehicles at the heart of our strategy for growth," Stuart Rowley, the head of Ford’s European operations, said.