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Ford sees plug-in hybrids in 5-10 years

ROSEMEAD, California (Reuters) — Ford Motor Company Chief Executive Alan Mulally says he expects the company to sell plug-in hybrids in five to 10 years.


“Within five to 10 years we will start to see this technology in our hands,” Mulally said on the sidelines of a press event to announce an alliance between Ford and utility Southern California Edison to test 20 rechargeable electric vehicles.


When asked if that meant plug-in hybrids would be available on showroom floors, Mulally said, “Yes. Sure.”


Mulally said the rollout of Ford plug-in hybrids is dependent on advancements to lithium ion batteries that will be charged by the car’s owners using regular household electrical outlets.


Reuters



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