Electric vehicles: Ford announces the creation of four factories

The American car manufacturer Ford announced on Monday evening the creation of four battery and electric vehicle factories in the United States with its South Korean partner SK Innovation, with 11,000 jobs by 2025.

The factories will be located in Kentucky and Tennessee, Ford said in a statement. The American group will invest 7 billion which are part of the 30 billion already announced earlier in the spring and SK Innovation will invest the remainder.

“We are announcing the largest investment in new manufacturing facilities in Ford’s 118-year history,” the group said.

Ford also stressed that this investment supports’ the company’s longer-term goal of creating a sustainable American manufacturing ecosystem and accelerating its progress towards carbon neutrality (…) in accordance with the Paris agreement. on the climate ‘.

Objectives revised upwards

Ford has in the process revised upwards its electric fleet targets since it now expects 40 to 50% of its global volume of vehicles to be fully electric by 2030 against 40% still estimated in the spring.

‘This is a time of transformation where Ford will lead America’s transition to electric vehicles and usher in a new era of clean, carbon-neutral manufacturing,’ said Ford Executive Chairman Bill Ford as quoted in the statement. .

‘With this investment and a spirit of innovation, we can achieve goals once thought to be incompatible – protecting our planet, building great electric vehicles that Americans will love and helping our nation prosper,’ he added. .

The news comes amid strong demand for the new F-150 Lightning pickup vehicle and other electric models like the E-Transit and the Mustang Mach-E.

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