Ford Sees Growing Demand for Electric, Plug-in Vehicles

- January 9, 2012

Ford is bet­ting big on elec­tric vehi­cles with 5 elec­tric and plug-in mod­els and expects the mar­ket to grow. Of 12.8 mil­lion vehi­cles sold in the U.S. last year, about 20,000 were EVs or plug-ins. The demand for EVs is expect­ed to be deter­mined by the price of oil and pace of tech­nol­o­gy.