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Detroit auto show: Ford to bring out 40 electric and hybrid cars by 2022

2018-01-15 09:18

URGENT RECALL: This Thursday, Nov. 19, 2015, file photo, shows the Ford badge in the grill of a pickup truck. Ford is telling owners of about 2900 2006 Ranger pickup trucks not to drive them after discovering that a man was killed in a wreck involving an exploding Takata airbag inflator. The death occurred July 1, 2017, in West Virginia. Image: AP / Keith Srakocic

Detroit - Ford says it's doubling its investment in electric and hybrid vehicles and plans to introduce 40 by 2022.

Among them: A hybrid version of the F-150 pickup truck that is due out in 2020.

Billions into hybrids

In 2015, Ford pledged to invest $4.5 billion to develop 13 electric and hybrid vehicles by 2020. At the Detroit auto show Sunday, the company says it's doubling that to $11 billion. It plans to bring out 24 hybrids and 16 electric vehicles by 2022. Ford's global markets chief says many current Ford vehicles, like its best-selling F-150, will get hybrid or electric versions.

Farley says: "We want to make a statement about the company that we're electrifying our iconic vehicles." 

US Transportation Secretary Elaine Chao says the auto and tech industries need to allay public fears of self-driving vehicles.

During a speech at the start of the North American International Auto Show in Detroit, Chao cited polling that shows 78% of Americans are afraid to ride in a driverless car.

'Consumers need to accept it'

After the speech, she told reporters that "it's really incumbent on the manufacturers and the high-tech industry to assuage those concerns." She said the technology won't be successful unless consumers accept it.

Under questioning, she said the government has a role in keeping the technology safe and that her department is working with Congress on bills to ensure that.

Chao said the department wants to encourage safety innovation by eliminating unnecessary obstacles and a patchwork of state rules.

Safety advocates have criticized the government for autonomous vehicle guidelines that are voluntary.

But Chao said part of DOT's mission is to cultivate and encourage innovation by eliminating unnecessary obstacles.

She said another version of the guidelines will come out this summer and apply to trucking companies, transit, infrastructure and other modes of transportation.

Image: AP

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