Ford gives details on EV production push
STORY: Ford says it will spend $3.7 bln on assembly plants in Michigan, Ohio and Missouri
$2.3 bln of that will be for EV production, the company says
$2 bln will go to three plants in Michigan to boost production of the new F-150 Lightning pickup truck
Source: Auto Forecast Solutions
Ohio will see a $1.6 bln investment, which could be where Ford builds its next-gen e-Transit van
$100 mln will be spent in Missouri to boost production of electric and gas transit vans
Ford says $1 bln will go towards improving workplace environments
The company plans to build more than 2 million EVs a year by the end of 2026
A move it hopes will make it competitive with industry leader Tesla
