Ford could unveil an all-electric model by the end of the year, according to a new report

Ford could unveil an all-electric model by the end of the year, according to a new report.

Automobile says the Blue oval will rival the future production version of the Chevrolet Bolt with a 200-mile all electric vehicle. The company is still tight-lipped about its future plans regarding the EV market, but its new model will also compete against the upcoming Tesla Model 3 that should have a starting price of less than 40,000 USD.

Our source comments the all-electric car by Ford will likely receive its premiere at the Los Angeles Auto Show in November.

Note: Ford Focus Electric pictured.

Be part of something big