Ford Motors is planning to introduce their electric cars in China market. Ford Motors already has their own plant for the electric cars which is producing cars for Europe and US market. Analysts sat that, the electric car demand is more in the China auto market, so Ford Motors want to utilize this opportunity.
Ford Motors is planning to reduce the overall emission with the help of these electric cars. As Asia is also looking forward to the new environmental friendly technology, it will be helpful to generate the greener generation of cars. Ford has the plans to produce one million electric vehicles for the 2015, which is used to increase their global market share with 50 percent. Ford motors have just 2.5 percent market share in the China market, so Ford wants to increase its market share with the electric cars in the China. GM is having 10 percent market share in the China market, GM’s electric cars are performing well in the market. Ford now wants to introduce their electric cars and become a competitor for the GM in the China market.