Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
The air view as a Ford sign stands on Metro Ford dealers on May 06, 2025 in Miami, Florida.
Joe Redl | Gets the image
Freod On Monday, he announced that he was depositing $ 2 billion and to create 2,200 new jobs in Louisvili, Kentucky, assembly aimed at deploying more accessible electric cars.
The investment is $ 3 billion already scheduled for battery in Michigan. Ford said the structures will create or provide almost 4,000 new jobs Release of news.
“We have accepted a radical approach to a very difficult task: to create available vehicles that please customers in every possible way – design, innovation, flexibility, space, satisfaction and value of ownership – and do it with American workers,” said Ford CEO Jim Farley.
The new “universal EV” Detroit “universal program EV, which is concentrated around the inexpensive EVS, will begin with a medium -sized four -died electrical pickup made at the Luisville Assembly plant. The launch of the car is scheduled for 2027.
The executives teased the announcement of the latest call as the next “Model T Moment”. Ford said the starting price of the new EV truck, $ 30,000, will be approximately the same as the famous Model Type if it corrected inflation.
Ford noted that the new Fosprato Batteries Litty (LFP) for the new EVS family will be assembled in the US and not imported from China.
Farley said that during the Louisvili event on Monday, the announcement was happening when the automotive industry is sitting at the intersection of new technologies and new competition.
“We knew that the Chinese would become a major player for us in the world, companies such as Byd, new startups from all over the world, Big Technology has their ambitions in the automotive space. All of them are going to us, outdated car companies,” said Phase. “We needed a radical approach and a really hard call to create an affordable vehicle.”
This story develops. Please check the updates.