Ford Has Hybrid Electric Cars in Works

fordRecently, Ford automotive submitted to congress a business plan of attack, covering all angles, detailing the automobile manufacturer's plans for profit. The most notable of features for the plan involves the company's dedicative approach to the introduction of newer hybrid and full electric vehicles. This move hopes to save the company from potential bankruptcy. In order to be able to make the transition, Ford is asking for a temporary loan to help it through the economic crisis (or a competitor should go bankrupt. The loan will be for up to $9 billion dollars, but Ford is hopeful that said money would not be needed in its efforts to get ahead. It would serve only as a safety against the potential failing of the system.

Ford's plans are centralized towards the market's desire and demand for newer cars that are much more fuel efficient. These vehicles will include a full battery hybrid and a full plug in electric car. The company hopes to be able to formulate their plan and get the ball rolling on the advancements. Ford expects that the break even point will be reached in the year 2011. Part of the results will depend upon the potential selling of the Volvo brand car manufacturer, in order to make the numbers balance on time. Up until now, the automobile manufacturer has sold off Aston Martin, Jaguar, Land Rover and its majority share of Mazda as well.

Ford also has in place a great deal of fuel efficiency research in order to improve their entire line of vehicles, with an average of 14% better fuel usage for 2009 models up to 36% better fuel usage by 2015. Over the range, Ford hopes to save 16 billion gallons of gasoline. Part of how Ford will achieve this is through the introduction of hybrids, plug-in hybrids and full battery automobiles. The major work will be in designing the batteries and transmissions of the cars to better draw energy out of gasoline. Its ultimate goal in this regard is toward the research and production of a consumer affordable full battery vehicle.

Another way Ford will cut costs will be to reduce the parts supplier base, more efficiently buying many components from single stores. This will enable to auto manufacturer to pick those companies who will provide much more efficient parts while still reducing costs to the shop. Obviously Ford is taking great steps to making new vehicles that are more consumer friendly, as well as that will reduce costs for consumers and manufacturers alike. Their business plan shows that they are ready to take great strides in this industry, creating battery reliant vehicles that cut down on harmful emissions and offer greater gas mileage and fuel economy as a result.

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Originally posted 2008-12-27 14:12:43. Republished by Blog Post Promoter

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Hybrid Electric Car Auto Insurance

This post is a guest blog written by Travis Overby.

With skyrocketing gas prices and the increasing concerns about the impact of carbon emissions on the environment, Hybrid Electric Cars have been growing in popularity. A hybrid electric vehicle combines a fuel-efficient gas engine with an electric motor. The purpose of these cars is to decrease the amount of fuel emissions being released into the atmosphere. As well, the car can travel longer distances than a conventional car which decreases gas consumption.

Hybrid electric cars have a number of benefits that include: decrease the emission of greenhouse gases, reduce pollution, and decrease energy consumption. As technological advancements in these vehicles increase, these cars will able to make use of a variety of different types of fuels as natural gas, ethanol, and biodiesel.

Hybrid vehicles contain a large battery, electric motor, and traditional engine. There are ‘plug in’ hybrids that need to be charged by plugging them into a power source. Other hybrids called, ‘charge sustaining’ works by the electricity going into the battery being produced by the internal combustion engine. All hybrid electric cars have a computer that is programmed to operate the car. The distance that the car can travel using the stored electricity will vary according to the particular model.

Today, the sales of hybrid cars are steadily increasing. For instance, in January 2010, in the US, sales of hybrids were 17,157 units. For this reason and the fact that there is a trend to encourage people to buy more fuel efficient cars, insurance companies are providing insurance discount incentives. Hybrid owners can often receive as much as a 10% hybrid insurance discount which can result in substantial long term savings. As well as saving up to 10% on hybrid insurance, it is important for hybrid owners to take advantage of other available discounts such as: good student grade discounts, low mileage discounts, safe driver discounts, antitheft discounts, multi vehicle discounts, senior citizen discounts, safety feature discounts, and more. The best way to get a cheap car insurance policy is to comparison shop for at least three different quotes from different insurance companies.

Because there is a global trend to become less dependent on fossil fuels, the sales of hybrids cars is expected to increase significantly in the coming years. Hybrid Electric Cars are expected to be the design vehicles of the future.

Photo Credits: SOCIALisBETTER

Originally posted 2010-05-02 21:44:54. Republished by Blog Post Promoter

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