Ford Just Made Its Biggest Investment Ever

Ford Just Made Its Biggest Investment Ever

OilPrice.com

Published

Ford Motor Company plans to make the largest investment in its history in U.S. manufacturing sites that would build the electric F-Series trucks and the batteries to power future electric Ford and Lincoln vehicles in an $11.4-billion partnership with its South Korean battery partner, SK Innovation. Ford will invest $7 billion of the planned sum—its largest-ever manufacturing investment at one time by any automotive manufacturer in the U.S., the American automaker said in a statement. The plan envisages the construction of a $5.6 billion production…

Full Article