FORD ELECTRIC CARS FOR ‘THE MASSES’

Ford To Make Electric Cars 'Attainable To The Masses;' CEO Denies Rumors Ford Is Interested In Tesla

Kukil Bora, November 18, 2014 (International Business Times)

"…[Ford Motor Company] intends to mass-produce affordable electric vehicles [according to CEO Mark Fields]…[He] emphasized that Ford has [a full line of electric vehicles that have performed well in the market place and] the capability to make electric cars with a strategy different from that of Tesla Motors…[that will] produce reasonably priced electric cars…Fields also said that Ford is not interested in buying Tesla, despite ongoing speculation that both Ford and General Motors Company are keen to [do so]…While Ford is currently ranked second in terms of sales in the electric car industry, the company’s Ford Focus was recently ranked as the most fuel-efficient compact car in the U.S…[ Fields said] Tesla’s approach is to cater to a high-end consumer…[but Ford will] nmake electrified vehicles ‘attainable to the masses’…” click here for more

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