2017 has seen a number of major automobile manufacturers such as Ford, Toyota and Mazda, Volvo, Jaguar Land Rover and General Motors (GM) announce decisions to intensify their move towards electrification.
For example, Volvo will become the first major car manufacturer to go all electric, saying that every new car in its range will have an electric power train available from 2019. “This is about the customer,” said Håkan Samuelsson, chief executive. “People increasingly demand electrified cars and we want to respond to our customers’ current and future needs.”
Here is a compiled list of where the manufactures stand:
"GM said it plans to phase out gas-powered vehicles for an "all-electric future" but didn't give an exact date for an all-EV line. The effort starts, however, with plans for 20 all-electric vehicles by 2023.
Ford created the EV-dedicated "Team Edison" to focus on the development of all-electric cars. The automaker also pledged to invest $4.5 billion over five years on new all-electric and hybrid vehicles, with 13 new models slated for release by 2023.
Toyota and Mazda recently announced that they're teaming up with auto-parts manufacturer Senso to create a new company to develop basic EV technology for use across multiple vehicle types and models, expanding beyond Toyota's Prius line. The two Japanese carmakers also pledged to build a $1.6 billion U.S.-based plant by 2021, where they'll work on electric and hybrid vehicles.
Daimler, the parent company of Mercedes-Benz, will invest $1 billion in an Alabama plant to produce all-electric SUVs and build a battery facility, and $10 billion in EV development overall. Mercedes-Benz outlined a plan to electrify its "entire portfolio" by 2022, offering 50 electric and hybrid models.
The Renault, Nissan, and Mitsubishi alliance will work together to develop new systems to use across their vehicle lines, with a focus on "purely electric" EVs like the Nissan Leaf. The automakers plan to release 12 all-electric models by 2022.
Jaguar Land Rover (JLR) plans to electrify its entire vehicle lineup by 2020, with new powertrains ranging from mild hybrid vehicles to all-electric systems.
Volvo will electrify its entire vehicle line by 2019, with five all-electric models slated to roll out from 2019 to 2021. The automaker hopes to sell one million of the electric and hybrid cars by 2025.
VW Group, parent of European automakers like Volkswagen, Audi, and Porsche, will invest $84 billion in EV development. Roughly $60 billion of the total will be dedicated to battery production, but the company also plans to offer electric and hybrid versions of 300 vehicles by 2030."