Sources close to the project have recently stated that Lincoln, Ford Motor’s premium brand, has a plan in the works to ensure hybrid-gasoline electric versions of all its United States’ models by the time 2022 hits.
It is being reported that details around this might be released by October of this year, when the company’s CEO, Jim Hackett, updates investors on what the future strategy for the car manufacturer is.
Apparently, officials at Ford are also pondering the idea rolling out one or more all-electric models, this according to a source. This idea could be vital to the brand’s future in China, where automakers are required to produce EVs so that they are a heightened percentage of total sales.
As per the sources, the Lincoln hybrids are one aspect of a bigger picture around Ford’s strategy to provide a minimum of 18 new hybrid and electric models across the board as the next five years roll out.
Autoblog reported that Lincoln is trying to follow a path set out this year via a handful of premium European brands, which include: Zhejiang Geely Holding Group Volvo Cars, Daimler AG, Jaguar Land Rover, and BMW; all companies that have released plans to provide increased all-electric and hybrid cars.
These international luxury companies are simply responding to the competition, pressure set by Tesla Inc., as well as Chinese government proposals that mandate tremendously increased levels of EV sales via the globe’s largest car market.
Sources also reveal this plan to offer hybrid models within the Lincoln brand was thought out well before Hackett took his position at Ford, which was early this year in May.
The company had stated in early 2016 that it planned on spending $4.5 billion when it came to adding an electrified part of its American fleet, which includes hybrid models of the F-150 and Mustang, as well as a minimum of 11 additional models.
Sources also added that while the brand is releasing redesigns of current models and introducing a minimum of one new car, it also has a plug-in hybrid of these vehicles in the works; starting with the MKC crossover, as well as the brand-new Aviator crossover, coming in 2019. Their Navigator utility vehicle, which will be released this fall, will also expectedly add a conventional hybrid model to be released in 2019.
Lastly, the MKZ sedan, to be released in 2020 and the MKX crossover and Continental sedan, which will be launched in 2022, are also in the works when it comes to plug-in hybrid versions.