Tuesday, November 10, 2020

Ford Announces Further EV Manufacturing Plants -- November 10, 2020

A Reuters article but looks like a press release from Ford.

Having said that, absolutely incredible how the "Tesla economy" is moving. From Reuters/Ford:

DETROIT (Reuters) - Ford Motor Co said on Tuesday it plans to hire 350 more U.S. workers to expand production capacity for its electric F-150 pickup truck in Michigan and add assembly of electric commercial vans at a plant near Kansas City, Missouri.

The company said it also will add a second vehicle at the Mexican factory that is already set to build the Mustang Mach-E electric sport utility vehicle.

Ford will invest $150 million to add production of electric vehicle motors and transaxles at a transmission factory in suburban Detroit, retaining 225 jobs.

The automaker's latest electric vehicle investments are part of an $11.5 billion plan mapped out through 2022. Ford has promised the United Auto Workers union that it will invest $6 billion in U.S. factories to build electric vehicles.

Ford will increase production capacity for an electric version of its F-150 large pickup by 50% from its original plans, adding another 200 permanent jobs at a complex near its headquarters in Dearborn, Mich. Those jobs would be on top of 300 jobs previously promised for the electric F-150 line.

Utilities, like MDU, et al, need to stay on top of this. It doesn't take many EVs in one neighborhood to require a significant upgrade in the grid.

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