Alan Mulally, chief executive, outlined the alternative fuel technologies being pursued by Ford during a town hall meeting at Northwestern University in Evanston, Ill., late Wednesday, having earlier in the week flagged the high cost of batteries for all-electric cars.
Ford is exploring a range of alternative fuel sources including gas and biofuels, and Mulally said the “majority” of its electrified autos would use hybrid engines, with a move towards plug-in models and all-electric vehicles.
“The next big one that’s coming now is natural gas,” Mulally said.
The potential expansion of the gas-powered auto fleet in the U.S. will be watched warily by chemical makers. Cheap natural gas from fast-growing shale gas fields has given them a competitive advantage over overseas rivals that they are loath to see eroded by competing auto demand.
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