Ford Invests $5 Billion in the U.S. to Boost Production of Affordable Vehicles
5 day ago / Read about 0 minute
Author:小编   

On August 11, Ford Motor Company unveiled a significant investment of approximately $5 billion in the Louisville Assembly Plant in Kentucky and the Blue Oval Battery Park in Michigan, heralding the creation of nearly 4,000 new jobs. These strategic investments are poised to revolutionize the production of new pickup trucks and cutting-edge prismatic LFP batteries. Ford's ambitious "General Electric Vehicle Platform" initiative aims to bring a series of cost-effective vehicles to the masses, with the initial offering being a mid-size, four-door electric pickup truck. Estimated to have a starting price of $30,000, this pioneering vehicle is anticipated to roll off the assembly line at the Louisville plant in 2027.

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