Ford to invest nearly $2 billion in Kentucky EV-assembly plant, aims to outcompete rivals

Louisville (USA), 11 August (AP) Ford Motor Co., more affordable, will be more profitable to build and competing models will overcome electric vehicles to produce electric vehicles to restart about 2 billion dollars will invest.

The car manufacturer’s senior manager introduced the new home strategy on Monday at the Ford Louisville Assembly facility, which will be converted into producing electric vehicles after producing gas -powered vehicles for 70 years.

“We watched a radical approach to solve a very difficult challenge: design, technology, performance, field and property costs – and to create affordable vehicles that are important to do with American workers,” he said.

Big Detroit automobile manufacturers, President Donald Trump’s management, although car manufacturers solved the incentives to be electric, the internal combustion engines continued to move to home technology. Trump’s major tax and expenditure law aims to remove houses, including the abolition of a loan saving up to 7,500 USD in a new electric car.

Nevertheless, Farley and other senior executives in the automobile industry say that electric vehicles are the future and that they are not back.

The company said on Monday that the first house that overthrew the renewed Louisville assembly line would be a medium -sized, four -door electric van for local and international markets.

New electric trucks will be strengthened by low -cost batteries at a Ford factory in Michigan. The Detroit car manufacturer previously announced an investment of $ 3 billion to build the battery factory.

The car manufacturer sees this as a “model T for the housework – reference to the vehicle produced in the series that started the esteemed car manufacturer more than a century ago. However, Ford says that it shakes a head to the future and says Ford will build electric vehicles.

The company said it would use a universal platform and production system for its homes, essentially formed the basis of a vehicle that can be applied to a wide variety of models from sedans to SUV, and both electric internal combustion vehicles.

Louisville factory, one of the two Ford assembly facilities in Kentucky’s largest city, will be renewed to reduce production costs and make the assembly time faster as it is preparing to steal electric vehicles.

The result said in an interview with the Associated Press before the announcement, “an affordable electric vehicle that we expect to be profitable”. “This is an example of rejuvenating our US plants with the most modern production techniques.”

Ford, the new platform, affordable vehicles to be produced on a scale, he said. Ford, a typical vehicle against a 20 percent will reduce, 25 percent less fastener, 40 percent less workstation in the facility and 15 percent faster assembly time will decrease, he said. He said that the traditional assembly line will be converted into a “assembly tree at the Louisville factory. Instead of a long conveyor, the three lower assembly line will work at the same time and then meet.

“Nobody does not want to try to make an affordable vehicle by a Detroit automobile manufacturer in idle plant, dismissal and uncertainty,” Farley said. “So, this must be a good job. We knew that success was not an increased way from day. … We rediscovered the moving mounting line.”

For medium -sized electric truck, the company said other features, including the description price, EPA estimated battery range, battery size and charging times, will be announced later. Ford announced that the truck will have a starting price of approximately 30,000 USD.

Ford, the investment in the Louisville facility will provide 2,200 hours of work, he said.

Kentucky Gov Andy Beshear said on Monday that the car manufacturer’s plans of Louisville factory will strengthen more than a century partnership between Ford and Blueguss Province.

“This announcement not only representing one of the biggest investments in our state, but also increases Kentucky’s position in the center of the home of innovation and solidifies the Louisville parliamentary facility as an important part of Ford’s future.”

Ford is expected to create or secure approximately 4,000 direct businesses between the two facilities and the Michigan battery facility in the Kentucky Assembly facility and the Michigan battery facility will create or secure approximately 4,000 direct jobs between the two facilities and strengthen dozens of new US -based suppliers.

Ford predicted more losses in the electric vehicle business, as it has previously worked to check the weak earnings growth and costs for this year. Ford’s electric vehicle enterprise model E, income decreased by 3.9 billion to USD $ 3.9 billion in 2024 for the full year $ 5.08 billion lost US dollars.

Ford’s new home strategy comes as Chinese automobile manufacturers expand all over the world and offer relatively affordable electric vehicles.

Uz We’re not in a race to build the most electric cars, Far Farley said when asked when asked competition from China. “We are in a race to have a profitable sustainable electrical business that customers love.

“And Louisville, this new tool built in Kentucky will be a much better solution for everything he can buy from China,” he said. (AP)