The plant will build the company's next-generation EVs that are expected to arrive to market around mid-decade.
will invest 1.8 billion Canadian dollars in its Oakville Assembly Plant in Ontario, Canada, to transition the facility into a new electric vehicle hub, the automaker said Tuesday., which will be renamed the Oakville Electric Vehicle Complex, will build the company's next-generation EVs that are expected to arrive to market around mid-decade. The retooling is expected to take six months and begin in the second quarter of next year, Ford said.
"We're reusing all of its infrastructure, from the land itself to the buildings and even its roads to quickly prepare for a new generation of manufacturing," said Dave Nowicki, director of EV manufacturing at the automaker, during a media call. Ford declined to disclose the plant's expected production capacity or how many electric vehicle models the retooled facility will build. When the automaker initially agreed to the investment deal with Canadian auto union Unifor in 2020, the plant was expected to produce five EV models. However, those plans may have been scaled back to two vehicles, according to
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