Ford CEO promises EV 'big surprise' next yearby Justin King
The company has already confirmed a Mustang-styled crossover and all-electric pickup.
Ford is preparing to drop a "big surprise" in the electric-vehicle segment next year, according to CEO Jim Hackett.
Speaking to CNBC at the Detroit auto show, the executive highlighted Ford's plan to spend $11 billion developing electric vehicles by 2022.
"We have 16 models that are in design and development," he said. "We have a pretty big surprise coming next year."
The company last year teased a unique battery-powered SUV (pictured) that will borrow its design language from the Mustang. An even bigger surprise -- an all-electric F-Series pickup -- was separately confirmed by another executive at the Detroit auto show.
The electric SUV is expected to land in 2020 with an expected range of around 300 miles on a single charge.