Stuart Rowley, president of Ford of Europe, said at the time the company's future was "rooted in electrification". Ford announced plans to close six manufacturing plants in Europe by the end of 2020. With $11 billion global investment in electrified vehicles by 2022, and 10+ new electrified vehicles from Ford and Lincoln to be launched by 2021. “We predict by 2021 we will launch self-driving commercial vehicles at scale. “ They recently launched the All-electric Mustang Mach-E, with a 370 mile range on full charge. It can recharge 57 miles of drive in 10 minutes on high power. It will be able to accelerate from 0-60 in under five seconds, competing with the Tesla model X which sits at 4.4 seconds.