220px Ford Oakville Assembly - Ford will invest $850 million to add more production capacity for EVs.
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Ford will invest $850 million to add more production capacity for EVs.

So reports coming in says that ford has plans to invest more than $850 million to increase it production capacity at a second U.S. factory for its next-generation battery-electric vehicle program.

15530936103971352341956 - Ford will invest $850 million to add more production capacity for EVs.

The investment is gonna be used to expand ford’s Flat Rock Assembly Plant in southeast Michigan.
The plant investment also includes funding to build the next-generation Mustang and is part of a $900 million investment in Ford’s operations in southeastern Michigan. The new next-generation EVs are gonna be produced at Flat Rock, while it all-electric performance SUV will be produced at its Cuautitlán, Mexico plant.
Ford’s president of global operations Joe Hinrichs said in a statement that “We’ve taken a fresh look at the growth rates of electrified vehicles and know we need to protect additional production capacity given our accelerated plans for fully electric vehicles, This is good news for the future of southeast Michigan, delivering more good-paying manufacturing jobs.”
Ford also announced Wednesday it is building its next-generation North American Transit Connect small commercial and passenger van in Mexico, starting in 2021.

220px ford oakville assembly697951056 - Ford will invest $850 million to add more production capacity for EVs.
One of those EVs and perhaps the most anticipated will be the Mustang-inspired electric crossover that it plans to bring to market in 2020. Ford shared a teaser image last year, depicting a sketch of the vehicle’s backside, which shows a leaning toward the Mustang profile(😁)

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