Ford will invest almost US$900 million in its southeast Michigan operations through 2023
Ford has announced a new plan to increase production capacity for its next-generation battery electric vehicles (BEVs) at a second North American plant. Tied to the company’s US$11.1 billion investment in global electric vehicles, Ford is expanding its BEV manufacturing footprint to its Flat Rock Assembly Plant. These vehicles will follow the all-electric performance SUV coming in 2020 from Ford’s Cuautitlan, Mexico, plant.
“We’ve taken a fresh look at the growth rates of electrified vehicles and know we need to protect additional production capacity given our accelerated plans for fully electric vehicles,” said Joe Hinrichs, Ford’s president, Global Operations. “This is good news for the future of southeast Michigan, delivering more good-paying manufacturing jobs.”
Ford is targeting to invest more than US$850 million in the Flat Rock Assembly Plant through 2023, adding a second shift. The plant investment also includes funding to build the next-generation Mustang and is part of a US$900 million investment in Ford’s operations in southeastern Michigan.
The company will also complete its first autonomous vehicles at a new AV manufacturing center in southeast Michigan. Production is expected to begin in 2021.
“As we ramp up AV production, this plan allows us to adjust our investment spending to accommodate the pace of growth of this exciting new technology,” Hinrichs said. “This new plan combines our core strength in mass manufacturing with the agility and leanness we’ve shown with our modification centers for specialty manufacturing.”