Ford accelerates production on fully-electric vehicles

By Sean Galea-Pace
Share
The leading automotive manufacturer, Ford, is accelerating work on fully-electric vehicles after revealing that significant growth in the market meant i...

The leading automotive manufacturer, Ford, is accelerating work on fully-electric vehicles after revealing that significant growth in the market meant it needed to step up its plans, according to BBC News.

Ford is set to invest around $900mn in new production capacity at a plant in Michigan which is expected to create approximately 900 jobs.

It is also anticipated that Ford will begin production of autonomous vehicles in around two years after Head of Global Operations, Joe Hinrichs, revealed the company had taken a “fresh look” at the growth in electric vehicles.

SEE ALSO:

Having held discussions with Volkswagen about forming a partnership to invest and build electric and autonomous vehicles, talks are understood to have been positive but there is no news to announce.

Speaking to reporters, Mr Hinrichs commented: “When we were taking a look at our $11bn investment in electrification, it became obvious to us that we were going to need a second plant in the not-too-distant future to add capacity for our battery electric vehicles.”

In 2018, Ford confirmed a long-term aim to invest around $11bn in new vehicle technologies.

Share

Featured Articles

Shiseido & Accenture: AI-the Best Skincare Solution?

As the beauty industry grows ultra competitive, Shiseido has partnered with Accenture to set themselves apart from the competition through Industry 4.0

Assembling the Future: Huawei's New Smart Factory Offerings

Huawei's raft of solutions, augmented by its capabilities in AI, cloud and 5G place the tech titan in a place to revolutionise manufacturing

Tata & Analog Devices Drive Indian Electronics Manufacturing

Tata and semiconductor firm Analog Devices have partnered to drive the growth of India's electronics manufacturing ecosystem

UK Manufacturing Day: The Experts Weigh In

Production & Operations

Verizon: Available vs Confidential Data & IIOT Cybersecurity

Smart Manufacturing

Amazon & Covariant: Transforming Warehouse Automation

AI & Automation