That will include a new Ford Focus that charges more quickly and has a longer range, the US car giant said.
It also intends to move into the commercial ride-hailing market occupied by firms such as Uber and Lyft.
The market is worth $5 trillion, the company said.
The initiatives are part of a broader effort by chief executive Mark Fields to counter firms offering alternatives to car ownership and regulators who want vehicles to emit less carbon dioxide.
Mr Fields said the company wants 40% of its vehicles to have electric versions by 2020, up from 13% now.
The new Focus will take an 80% charge in 30 minutes, about two hours faster than the current version, Ford said. It will also have an estimated 100-mile range, as opposed to 76 miles.
The firm also plans to introduce a Mondeo hybrid and a C-Max Energi plug-in hybrid in China next year.
Ford currently sells electric, hybrid and plug-in hybrid versions of its Focus, Fusion, C-Max and Lincoln MKZ cars.
Ford also wants to expand an employee van-hailing service beyond its sprawling corporate campus, and develop it commercially.
"The market for vehicle miles travelled is $5 trillion," Mr Fields said. "We get zero of that."
Ken Washington, Ford's vice president of research, said: "Our vision is to be a mobility service provider, beyond building a vehicle that would be in somebody else's fleet. We see this as a business we want to be in."

15 March 2016 Last updated at 07:19 GMT
The Microtugs are a group of tiny robots who are being developed by a team of researchers from Stanford University in America.
The scientists who invented them tried to mimic the way that certain animals move and work together, such as ants and geckos.
On their own the Microtugs can move objects that are up to 2,000 times heavier than themselves, however the researchers decided to see if the robots could work together to pull even bigger and heavier objects.
Six of the Microtugs were able to pull a full size car - which weighed about 1800kg - meaning that together the robots were able to move more than 3,000 times their combined body weight!
Ford says it will invest $4.5bn (Â£3bn) to expand its fleet of plug-in and hybrid electric vehicles, and will start selling 13 new electric models by 2020.
[NEXT_CONCEPT]
When you think about super-strong robots, these little guys might not come to mind - but they are the Hulks of the robot world!