American auto giant Ford will lookto set an example for other supercar manufacturers as it seeks to launch a hybrid Ford Mustang within the next five years. Electric vehicles have garnered a lot of visibility and have reaped rich dividends for manufacturers over the last few years as environmental concerns have grown and consumers have realised that gas-guzzlers create more problems than they solve. Ford has stated that the electronicversion of the iconic Mustang is a step in the right direction and has confirmed that seven new electric vehicles will be launched within the next five years.
Ford has also sought to address consumer concerns by stating that the new hybrid Mustang willdeliver V8 power. Contrast this with the available standard Gasoline-powered Mustangs which are available in three variants-a V8 engine, a V6 engine and a turbocharged four-cylinder engine- and it is obvious that the new car will not be a push-over. Besides the electric FordMustang, an electric version of the iconic F-150 pickup and a plug-in hybrid version of the Ford Transit van that is aimed at European customers. Perhaps the most interesting version of the electric vehicles is a fully electric SUV that is earmarked for a 300-mile range for global Ford markets is also in development. This electric SUV will be seen in 2020 beside the Mustang and the F-150. The Ford Transit is scheduled for a 2019 release in keeping with Ford;s renewed focus on the pickup market.
We must clarify here that the hybrid Ford Mustang will not be a plug-in car. Essentially like the Toyota Prius, the new hybrid Mustang will use electricity generated by the car itself while being driven which will be stored in a new and powerful battery pack. This means that the electric Mustang will still use conventional gas but not as much as existing Mustangs. Besides, a substantial all-electric driving range will not be available for the new hybrid, as this report states.
Ford is planning to invest$4.5 billion in fast-tracking R&D in electric vehicles to keep up with other global giants. Chevrolet, owned by rival GM, launched the Volt, which is capable of going over 230 miles on a single charge. Ford also plans to launchhybrid vehicles for police departments with models including the Ford Taurus and the Ford Explorer SUV set for an electric overhaul. On a different note,Ford CEO Mark Fields stated he believed hybrid and electric vehicles would be more popularthan conventional cars within the next 15 years.