Ford To Build Electric Vehicles In Ontario, Rethinks China Strategy
Ford currently builds the Ford Edge and Lincoln Nautilus at its factory in Oakville, Ontario, a facility that first opened in 1953. Nowto transform the Oakville Assembly Complex into a Canadian hub for manufacturing electric vehicles and battery packs. The reconfigured site will play a key role in Ford’s plan to reach a global production run rate of 2 million EVs annually by the end of 2026
“Canada and the Oakville complex will play a vital role in our Ford+ transformation. It will be a modern, super-efficient, vertically integrated site for battery and vehicle assembly. I’m most excited for the world to see the incredible next-generation electric and fully digitally connected vehicles produced in Oakville,” said Jim Farley, Ford president and CEO.
Ford, LG Energy Solution, and Koç Holding have signed a non-binding memorandum of understanding to build one of the largest commercial electric vehicle battery cell production facilities in the European region. The project is on track to break ground near Ankara, Turkey, later this year, with production to start in 2026. Ford this year is expanding production of the F-150 Lightning at the Rouge Electric Vehicle Center in Dearborn and the Mustang Mach-E at its Cuautitlan facility on Mexico.
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