Ford Model E is expected to have a range of 200 miles.

Ford's director of electrified powertrain engineering recently downplayed the possibly of seeing an electric vehicle that competes with the Chevrolet Bolt and the Tesla Model 3 but it appears the company has had a change of heart as Ford CEO Mark Fields has confirmed the automaker wants to be a leader in electric vehicles.

Speaking during an earnings call, the executive said an electric vehicle with a 200 mile range is "something we’re developing for."  Fields declined to elaborate but previous reports have suggested the company is developing a new battery vehicle that will be called the Model E.  The car is expected to be built in Mexico and have a targeted output of 50,000 units annually.

Little is known about the Model E but Ford has some serious catching up to do.  The 2017 Focus Electric will be introduced this fall with a range of approximately 100 miles.  That number pales in comparison to the 200+ mile range offered by the Chevrolet Bolt and Tesla Model 3 but it's a 24 mile improvement over the 2016 Focus Electric.  That's a significant jump but it's likely not enough as many automakers consider a 200 mile range necessary to alleviate concerns about range anxiety.

Source: Automotive News