Ford Motor plans to have all-electric variations of the Ford F-150 pickup and Ford Transit van to market by mid-2022, Chief Working Officer Jim Farley stated Wednesday.The 2-year timeframe is probably the most detailed the corporate has given relating to the automobiles, which might be a part of what are anticipated to be crowded segments. Common Motors, Tesla and start-ups comparable to Rivian and Nikola are anticipated to have electrical automobiles in a single or each segments by then or shortly after.All-electric pickups and vans are anticipated to be essential progress areas for automakers within the coming years, notably for business enterprise to rental fleets, corporations and governments. Amazon CEO Jeff Bezos final 12 months stated the corporate ordered 100,000 electrical supply automobiles from Rivian.”We’re No. 1 within the pickup and the van market in Western Europe and the U.S., and that is our likelihood,” Farley stated Wednesday throughout CNBC’s “Squawk on the Street.” “We’re electrifying and we’re a model folks belief.”All electrical Ford F-150 pickup truckSource: FordThe new all-electric automobiles for Ford are anticipated to comply with essential automobile launches comparable to a redesigned F-150 and new automobiles such because the Bronco SUV, Bronco Sport and Mustang Mach-E crossover.”The launches are actually vital for our North America profitability and our prospects,” Farley stated. “The F-150, that’s our key launch this 12 months.”The redesigned F-150 is scheduled to be unveiled July 25, adopted by manufacturing beginning later this 12 months. Farley earlier Wednesday throughout a Deutsche Bank auto convention stated Ford centered on know-how developments for the redesigned pickup, together with a brand new electrical structure, or brains, of the automobile.”We’re actually excited in regards to the new truck,” he stated through the convention. “It is actually about know-how and productiveness.”Ford’s crosstown rival, GM, beforehand introduced plans to resurrect Hummer as an all-electric pickup within the fall of subsequent 12 months. Reuters final week reported the Detroit automaker additionally plans to start out manufacturing of an all-electric van in late 2021.Rivian plans to start manufacturing of its first all-electric automobiles, together with a pickup, subsequent 12 months. Tesla’s unconventional all-electric Cybertruck is predicted to enter manufacturing in late 2021, in line with the corporate’s web site. Trevor Milton, CEO of Nikola, which turned publicly traded on June 4, earlier this week introduced plans to start taking reservations of its all-electric Badger pickup on June 29.