Ford unveiled its new $45,000 E-Transit van for commercial businesses—it arrives in late-2021

U.S automaker—Ford unveiled the E-Transit, a configurable all-electric cargo van for commercial customers.

The new van is part of Ford’s plan to invest $11.5 billion in electric vehicles through 2022.

It’s also part of a growing line of electrified Ford products, including the hybrid and all-electric F-150, all of which aim to lower emissions while offering capability for demanding commercial applications.

Ford unveiled its new all-electric Transit van on Nov. 12, 2020. (Ford)

Ford says the van will start at under $45,000 for its U.S fleet customers.

“This is the path we’re on,” Ford CEO and President Jim Farley said the van’s virtual reveal. “Ford is totally committed to being carbon neutral by 2050. We’re standing with California for higher standards, lower emissions and cleaner air. And we’re proud to support and live up to the Paris Agreement.”

The company says its E-Transit van is designed for hauling cargo across town, carrying tools out to job sites, and making deliveries, all without any tailpipe emissions.

Ford’s big reveal highlights the growing market interest in electrifying commercial trucks.

Other companies like Amazon, FedEx and UPS have rapidly electrified their delivery vans in a bid to reduce carbon emissions, to maintain strong sustainability-focused brands and save money on fuel costs.