Ford Motor Co. delays start of EV production at Oakville, Ont., plant until 2027

  • 📰 SooToday
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 85%

Australia Australia Headlines News

Australia Australia Latest News,Australia Australia Headlines

TORONTO — Ford Motor Co. is delaying the start of electric vehicle production at its plant in Oakville, Ont., by two years. The U.S.

TORONTO — Ford Motor Co. is delaying the start of electric vehicle production at its plant in Oakville, Ont., by two years.

Ford announced plans last year to spend $1.8 billion to transform its Oakville assembly plant into a hub for electric vehicle manufacturing including vehicle and battery pack assembly. The delay will give the consumer market more time to develop, the company said, and allow for further development of EV battery technology.

The company said it will work with Unifor, which represents workers at the plant, to mitigate the impact the delay will have on its workforce.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ford Motor Co. delays start of EV production at Oakville, Ont., plant until 2027TORONTO — Ford Motor Co. is delaying the start of electric vehicle production at its plant in Oakville, Ont., to 2027. The U.S. automaker had planned to...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Ford will delay some North American EV productionFord Motor Co said Thursday it is delaying the launch of its new three-row electric vehicles it will build at its assembly complex in Oakville, Ontario to...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »