ford focus electric

Ford says it has plans to develop an electric vehicle that would effectively go up against the Tesla Model 3 and the Chevrolet Bolt. The automaker’s CEO Mark Fields revealed this at the brand’s first-quarter earnings conference call, Automotive News reports.

“Clearly that’s something we’re developing for,” Fields said in response to a question as to whether the Blue Oval was looking to offer an EV with an operating range of around 300 km. While he didn’t elaborate on the subject, it’s the first time a top Ford executive has acknowledged specific plans about a longer-range EV, the publication added.

Rumour has it that Ford is expected to call the car the Model E, and it will assemble the EV starting from 2019 at its new plant in Mexico. According to research firm AutoForecast Solutions, the Model E is likely to be offered as a traditional hybrid, a plug-in hybrid and a pure EV.

ford focus electric 03

The automaker currently has the Focus Electric in its line-up, but that only has a 122 km range. This is set to be increased to 160 km later this year, but it’s still half the advertised range of the upcoming Bolt and the Model 3, which is expected to go on sale within two years.

Fields had announced in December that Ford was set to pump in US$4.5 billion to add 13 hybrid or electric vehicles to its lineup by 2020, adding that 40% of its nameplates will be available in an electrified version by that time.

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