Ford invests billions to revamp EV lineup amid financial challenges
TL;DR Summary
Ford announced a $2 billion investment in its Louisville assembly plant to produce affordable electric vehicles, starting with a $30,000 electric pickup in 2027, aiming to create or secure nearly 4,000 jobs and compete globally with new EV technologies.
- Ford announces $2 billion investment in Louisville assembly plant aimed at cheap EVs CNBC
- Ford's new line of affordable vehicles to start at about $30,000 Yahoo Finance
- Ford Is Ready for a ‘Model T Moment.’ The Stock Is Down. Barron's
- Ford announces $5 billion US investment as part of its ‘next Model T moment’ CNN
- Ford Rejigs E.V. Plans After Suffering Billions in Losses The New York Times
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