Why Ford’s automotive future is electric

By Daniel Brightmore
Share
Ford has said it plans to invest more than $1.45bn at two of its manufacturing facilities in Detroit tomake electric, autonomous and sports utility vehi...

Ford has said it plans to invest more than $1.45bn at two of its manufacturing facilities in Detroit to make electric, autonomous and sports utility vehicles, and add 3,000 jobs.

The No.2 U.S. automaker said it would invest about $750 million at its Wayne facility in Michigan to make its Bronco and Ranger sports utility vehicles and pickup trucks, and hire 2,700 workers over the next three years, reports Reuters.

SEE ALSO:

Haven Power lands renewable energy contract with Ford 

Ford set to invest $500mn in EV start-up Rivian

Ford set to see over $1bn improvement in operating earnings

Read the latest issue of Manufacturing Global here

Ford also said it plans to invest about $700mn at its Dearborn plant to make electric and hybrid versions of the F-150 truck and will hire 300 people next year. 

The company will begin assembling battery cells for the F-150’s hybrid and electric versions at the Dearborn facility. 

Ford had previously said would invest $11bn to make 40 new hybrid and fully electric vehicle models by 2022.

Share

Featured Articles

We're LIVE: Manufacturing & Mobility LIVE

Manufacturing & Mobility LIVE will be taking place today - a virtual conference that will explore the forces transforming the future of our industries

Manufacturing & Mobility LIVE: Meet Our Speakers

Manufacturing & Mobility LIVE will be taking place tomorrow - discover our full range of speakers below and don’t forget to get your free ticket!

Manufacturing & Mobility LIVE - One Day to Go

Join us tomorrow at Manufacturing & Mobility LIVE and explore the transformational forces shaping both manufacturing and mobility

Only Two Days Until Manufacturing & Mobility LIVE!

Production & Operations

Business Optimism Up 13% Amid Budget Announcements

Production & Operations

Manufacturing & Mobility LIVE - One Week To Go!

Smart Manufacturing