Ford Motor Co. is delaying the start of electric vehicle production at its plant in Oakville, Ont., by two years. The U.S. automaker had planned to start production at the plant, which employs 2,700 workers, in 2025 and is pushing that back to 2027.Ford Motor Co. previously said it would begin retooling its Oakville Assembly Complex in the second quarter of 2024 and begin producing electric vehicles in 2025. Ford Motor Co.
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 cars, the chargers or the customers? A look at what's behind cooling EV sales growth
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.
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Ford Motor Co. delays start of EV production at Oakville, Ont., plant until 2027Ford Motor Co. is delaying the start of electric vehicle production at its plant in Oakville, Ont., by two years.
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