Ford and Porsche both ramp up multi-billion euro EV investment plans

clock • 2 min read

US motor giant Ford almost doubles its EV investment plans, while Porsche says 80 per cent of its vehicles sold will be electric in 2030, as European EV market accelerates

Two of the most iconic names in automobile history this week laid out plans for a huge electric vehicle (EV) investment drive that will see almost $50bn channelled into the technology through the next...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Toby Hill

View profile
More from Toby Hill

'Indispensible': Can the carbon offset market bolster its credibility?

Sadiq Khan pledges 170,000 London green jobs in mayoral re-election pitch

More on Automotive

'We have firmly crossed the tipping point': EVs account for one in four new cars sold in June
Automotive

'We have firmly crossed the tipping point': EVs account for one in four new cars sold in June

Latest figures from New Automotive demonstrate ZEV mandate is working to boost electric car sales

Amber Rolt
clock 04 July 2025 • 4 min read
Nearly 9,000 new EV chargers installed in first half of 2025
Automotive

Nearly 9,000 new EV chargers installed in first half of 2025

Latest figures from Zapmap indicate UK could be on track to meet target of 300,000 chargers by 2030

Amber Rolt
clock 03 July 2025 • 4 min read
'The transition is happening': Almost all cars manufactured in UK expected to be electric by 2035
Automotive

'The transition is happening': Almost all cars manufactured in UK expected to be electric by 2035

Battery EVs to account for near-total UK auto production by 2035, though plug-in hybrids set to contribute higher percentage than previously anticipated, according to the UK's Advanced Propulsion Centre

Stuart Stone
Stuart Stone
clock 30 June 2025 • 4 min read