Ford EV shift: Automaker to invest nearly $2 billion in Kentucky plant; plans affordable midsize electric pickup by 2027
Ford Motor Co. will invest nearly $2 billion to retool its Louisville Assembly Plant in Kentucky for electric vehicle (EV) production, aiming to build affordable and profitable models that can compete globally. The move marks a major transition for the facility, which has produced gas-powered vehicles for 70 years.“We took a radical approach to solve…