Updated

Soon you’ll be able to drop by your local Ford dealer and order an electric car, but it’s going to cost you.

During an exclusive interview with FOXNews.com, Lisa Drake, Chief Engineer for Ford Global Hybrid and Battery Electric Vehicles told the FOX Car Report LIVE! program that her company’s upcoming electric vehicle will be priced between $50,000 and $70,000 when it goes on sale in 2010.

Click here to watch the full inteview on FOX Car Report LIVE!

Ford has previously said that the battery-powered vehicle, based on Ford’s Transit Connect and aimed at commercial fleets, will be available in 60 and 100 mile range versions. Developed in a partnership with British electric car conversion specialist Smith Electric Vehicles, final assembly for the small van will take place in a new facility being built in Kansas City, MO.

The electric Transit Connect will be Ford’s first full-electric vehicle and will be followed in 2011 by a 5-passenger car that will travel up to 120 miles per charge, according to Ford. Further details on that vehicle are unknown, but Ford is has been testing a fleet of Focus compact sedans that use an electric powertrain built by Magna International of Canada.

While the limited range of the vehicles means that they will only appeal to drivers with very specific needs, Ford is hoping the fact that many car owners drive less than 30 miles per day will help sell the cars, expecting that they will also own a more traditional vehicle for longer trips.

For customers looking for a one-size-fits-all approach, Ford is planning to add a plug-in hybrid to the mix in 2012. Nancy Gioia, Ford Director of Sustainable Mobility Technologies and Hybrid Vehicle Programs recently told reporters that prototypes of that vehicle have been getting the equivalent of up to 170 miles per gallon in testing.

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