Ford is on track to reach the ambitious goals of manufacturing up to 600,000 electric vehicles by the end of this year and more than 2 million by the end of 2026, its 2023 Integrated Sustainability And Financial Report shows.
Additionally, the Blue Oval car company expects half of its global sales volume to be electric by 2030, after achieving a 40 percent reduction in absolute manufacturing greenhouse gas emissions from 2017, helped in part by more than $26 million that went towards facility upgrades. The Michigan-based automaker is also making strides to transition to carbon-free electricity usage, with 60.6 percent of the energy used in its operations worldwide being carbon-free and 42.