Ford’s Push for CNG Cars

The head of Ford Motor Co. (F) said the auto industry is focused on expanding the use of engines powered by compressed natural gas, creating a potential clash with the U.S. chemical sector.

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.

Read more at Fox Business.

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