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Ford, Volkswagen to unveil new electric models in 2016

Click to play video: 'Volkswagen introduces two new models of electric car at CES'
Volkswagen introduces two new models of electric car at CES
WATCH ABOVE: Volkswagen introduced two electric vehicles at the CES Consumer Electronics Show in Las Vegas (JAN 06) – Jan 6, 2016

DEARBORN, Mich. – Ford Motor Co. says it will introduce 13 new electrified vehicles worldwide by 2020, including an updated Focus sedan that will go on sale late next year.

The new Focus will have fast-charging capability and an estimated 100-mile range, up from 76 miles in the current electric Focus.

Ford also plans to introduce the Mondeo hybrid sedan and the C-Max Energi plug-in hybrid in China next year.

Ford currently sells electric, hybrid and plug-in hybrid versions of its Focus, Fusion, C-Max and Lincoln MKZ sedans. Ford CEO Mark Fields says the company wants 40 per cent of its global offerings to come in electric versions by 2020, up from 13 per cent now.

Ford says it will spend an additional $4.5 billion to meet its electrification goals by 2020.

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Meanwhile, Volkswagen is also set to unveil an all-electric concept car at the Consumer Electronic Show in January.

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According to a press release from the Consumer Technology Association (CTA), the electric vehicle will be unveiled January 5 when Volkswagen passenger cars CEO Herbert Diess delivers a keynote speech focused on how electric vehicles are driving the automotive business.

The concept car is said to “illustrate the synergy between the Internet of Things and the automotive industry.”

Focusing on electric might be a good PR move for VW – the company is still reeling from the fallout of cheating on U.S. emissions tests. 

In September, the company admitted it had installed software designed to defeat tests for nitrogen oxide emissions for four-cylinder diesel engines on 11 million cars worldwide, including almost 500,000 in the U.S. It has already set aside 6.7 billion euros ($7.4 billion) to cover the costs of recalling those vehicles – and analysts expect the emissions scandal to cost the company much more than that.

Here’s how much an electric car will cost you in Canada:

With files from Global News

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