The fast-paced adoption of clean energy technology in the American automotive industry is truly a welcome gesture. And the latest developments indicate the green concept is spreading like wildfire. Complementing the ongoing efforts to revamp its product portfolio, Ford (F) is taking a major step to make the public transit system more energy-efficient and less expensive.
A day after automotive giant General Motors (GM) announced its plan to launch around 20 new electric vehicle models over a period of five years, Ford came up with two new fuel-efficient taxis – one fusion hybrid model and one diesel powertrain model. Though Ford has developed fuel-efficient vehicles that use its unique technology in the past, it is the first time the company is offering a fusion hybrid taxi variant.
Ford is taking a major step to make the public transit system more energy-efficient and less expensive
It is believed that Ford is gearing up to bring a revolutionary change in the taxi market, which has long been one of its strongholds. The idea is to stay relevant by extending the innovations being widely applied in regular passenger cars to the taxi segment.
Of the two new models, the 2019 Transit Connect Taxi and the extra fuel-efficient Fusion Hybrid Taxi, the latter is meant exclusively for livery service. The taxis are designed to offer up to 30 mpg in normal road conditions and are ready for shipment.
According to the company, the new models are a rare combination of reliability, efficiency, and comfort, with the added advantage of saving money. Earlier, Ford had announced its decision to significantly reduce the production of traditional passenger vehicles to be sold in North America.
Of late, the Michigan-based carmaker has been expediting its autonomous program, an area where it is lagging behind main rival General Motors. But, as usual, Ford entered the driver-less segment with a different strategy and tested a self-driving delivery van this week, under a partnership with on-demand delivery service Postmates.
The much-delayed autonomous passenger vehicle program is currently expected to take off in 2021. In the meantime, the company is looking to scale down the production of its less profitable models and focus more on the high-yielding portfolio.
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to