Ford invests $1.5 billion in building an “all-new commercial electric vehicle” in Ohio

June 2, 2022

Source: Electrek

Excerpt:

Ford announced today a new $1.5 billion investment in building an “all-new commercial electric vehicle” in Ohio.

Today, Ford announced $3.7 billion in investments in creating 6,200 jobs in the US

Most of the money is for the production of an all-new Ranger pickup at the Michigan Assembly Plant in Wayne and an all-new Mustang coupe at Flat Rock Assembly Plant. Some of the money is also going to increasing production of the F-150 Lightning electric truck to 150,000 per year at Rouge Electric Vehicle Center in Dearborn, but that was already in the plans.

Read more: Ford invests $1.5 billion in building an “all-new commercial electric vehicle” in Ohio