Ford Motor Co. will collaborate with other transportation and technology companies to make decisions on the future of transportation, said Ford CEO Alan Mulally. For Ford, that means offering a range of powertrains, including the 2012 Ford Focus Electric, Mulally said Monday at Fortune magazine's Brainstorm Green conference here. The Focus Electric gets an EPA-estimated 105 miles per gallon equivalent in combined city-highway driving.
This effort includes continuing to develop electric vehicle technology, even though an electric battery can cost up to $15,000, compared with $6,000 for a hybrid or $8,000 for a hybrid plug-in battery pack, Mulally said.