The standard range model T10X will start at just over $50,000, while the long-range model will go for $64,000.
Electric car sales surged by 28 percent last year, with more than 1.1 million vehicles sold.
Ford declined to comment on the report published by Automobilwoche but said transformation to electric vehicles required "significant change" in the way it produces cars.
Air Resources Board votes to adopt sweeping regulations to require all new cars sold in the most populous US state to be electric or plug-in hybrid by 2035.
While the aviation industry attempts to clear our skies with zero-emission flights, there are some challenges electric planes need to overcome to transition to a carbon-free future.
Countries like India, Indonesia and Brazil possess some energy infrastructure to support two-wheeler electric vehicles but they don't have enough resources to make a full-scale transition to electric-run transportation.
The subsidy cuts will begin with 30 percent at the beginning of the year and all will be scrapped completely by year's end in response to booming sales.
China is the biggest producer of the world’s rare earth metals and the EU’s dependence on Beijing is making decision-makers in Brussels nervous.
Tesla's delivers 241,300 cars from July through September as it beats Wall Street estimates of 227,000 sales worldwide.
Japanese auto giant’s investment is a win for UK government, which is seeking job-creating projects after departure from the European Union.
"We will make our entire fleet CO2 neutral by 2050 at the latest," says senior official of German carmaker.
CNBC has estimated Tesla chief's wealth at $185 billion. Musk has gained more wealth over the past 12 months than Bill Gates' entire net worth of $132 billion.
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