Ford to launch two green cars, electrify 70 percent of vehicles in China

FeaturesReuters

Ford Motor Co on Thursday said it plans to launch a new plug-in hybrid car in China next year and will bring a fully electric sport-utility vehicle to China in the next five years, amid sweeping plans to electrify its vehicle lineup.

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The U.S. automaker said in a statement that it plans for 70 percent of Ford brand vehicles sold in China to be conventional hybrids, plug-in hybrids or full battery electric by 2025.

(Reporting by Jake Spring; Editing by Himani Sarkar)