We're excited to introduce Ford Model e – a great leap forward for a company with a long, proud history. Founded in 1903 as Ford Motor Company, Ford has grown to span the globe and provide excellent vehicles to generations of customers, offering higher-quality products and services every year. Ford is continuing to transform both the global automotive industry and its internal organization with the development of two new divisions: Ford Model e and Ford Blue.
Ford Model e and Ford Blue were created to organize Ford into two distinct electric vehicle and internal combustion businesses that will work side by side to bring the speed and innovation of a startup to a world-renowned brand that's been operating for more than a century. This division is an opportunity to modernize the way Ford does business. Ford Model e and Ford Blue are poised to work together: They will share relevant technology to both inject new excitement into gas-powered vehicles and take the EV world by storm.
While Ford Blue is still a vital component of the Ford brand that focuses on investing in and expanding the company's portfolio of ICE vehicles, the Ford Model e division is designed to sharpen, increase, and deliver connected electric vehicles on a global scale. By harnessing the strength of both combustion and electric engines and delivering software, capabilities, and technologies that flow through all Ford vehicles, Ford can embrace change while living up to its long-held reputation.
The mission of the Ford Model e division is to help build a better world with fewer obstacles. We created Ford Model e specifically to be a center of innovation that can accelerate the development of electric vehicles across. In fact, Model e is expected to meet an annual production of more than 2 million electric vehicles by 2026. The company is determined to drive growth by delivering electric vehicles that can surpass legacy cars and EV competitors alike.
Not only is Ford focused on developing relevant technologies and top-performing vehicles that can serve our customers well, but we are also dedicated to sustainable practices. Across both Ford Blue and the Ford Model e division, we are proud of the measurable and transparent sustainability goals we have reached this year.
The 2023 Integrated Sustainability and Financial Report highlights that the company is on track to collect 100% local, renewable electricity in its manufacturing operations by 2035 and reach carbon-neutral status across all vehicles and supply chains by no later than 2050. The company also supports accountability and transparency policies alongside EV and battery supply chain mapping to reinforce its sustainability values.
Ford is committed to reducing vehicle emissions through their Ford Model e lineup. The company also plans to help make electric vehicle ownership a reality for more drivers by offering their EVs at accessible price points. In addition to providing various home charging solutions, Ford also recently partnered with Tesla to more than double the number of DC fast-chargers available to Ford EV drivers.
Ford is currently ranked as the number two EV brand in the U.S. due to its selection of all-electric, hybrid, and plug-in hybrid vehicles, which include:
To experience our Ford electric inventory in person, visit us at Veterans Ford. As the home of a wide selection of top-quality new and pre-owned gas and electric vehicles, we are proud to be your Ford EV dealer in Tampa, FL. Stop by today to test-drive a new model or discuss leasing information with our finance team.
Ford Model e is one of two new divisions of the Ford company. It is a distinct business within the Ford brand that is focused on electric vehicle development, production, and growth on a global scale. From harnessing clean, local electricity to becoming completely carbon-neutral by 2050, the Ford Model e division is truly making great strides toward the future of electric vehicle production.
The Ford Model e and Ford Blue divisions were created to better organize the company and allow it to move forward with clear goals. While one division, Ford Blue, will continue to develop innovative internal combustion engine vehicles, the Ford Model e division focuses on delivering top-of-the-line electric cars that offer updated technology, reduce or eliminate emissions, surpass both legacy and EV competitors, and build a sustainable future.
The Ford Model e division not only strives to create exciting new electric vehicles that consumers will want to drive but also focuses on developing responsible EV supply chains that protect both the environment and human rights. Ford Model e is also committed to leading the electric vehicle revolution through increased annual production and accelerating the company's progress toward carbon neutrality.