Ford announces $3.7 billion investment to build electric vehicles, trucks, new Mustang

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Ford announced a new $3.7 billion investment across three mid-western states to build a new yet-to-be-revealed Mustang and to ramp up production of trucks and vans, including new electric models.

The Michigan-based automaker will invest $2 billion in its home state, an investment that will create 2,000 new jobs, Ford said in an announcement. The funds will be used to increase production of the F-150 Lightning electric plckup, built at a factory near Ford's Dearborn headquarters, to 150,000 trucks per year. Ford has approximately 200,000 pre-orders for the truck already, the company has said, and the first examples were delivered to customers last week.

The electric Ford F-150 Lightning is the best version of America's best-selling truckFord will spend $1.5 billion at its Ohio assembly plant to build a"new electric commercial vehicle" that will be introduced around 2025. The company will also be investing around $100 million in an engine plant and a transmission factory in the state.

 

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who whan that . ford too much gas spend

How many open pit minds is that gonna take for the rare earth metals needed how many thousands of acres of public land will be destroyed. Meanwhile every generator being used to safeguard America is diesel

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