Ford has announced a new SUV electric vehicle (EV) for the US market, and share prices responded positively at the news.
The plug-in hybrid SUV will form part of the brand’s most popular SUV in the US. The “Escape” will come in traditional hybrid and plug-in electric-hybrid versions, is set to hit showroom floors in 2020.
With an expected electric-only range of 30 miles, the Escape will charge fully in around 3.5 hours. Thus, the electric-hybrid version will still rely on conventional fuels, but after increasing pressure to “catch-up” with other established marques like GM and Tesla, from Wall street, the move is a step in the right direction.
Are you interested in Ford EV’s, and keen to see what other EV’s the automaker has up its sleeve, you’ll enjoy this three-minute read.