Ford is expanding electric vehicle production, with plans to produce EVs at its Oakville Assembly Plant in Canada.
Ford continues its efforts to become the top EV maker in the world, with plans to transform the Oakville Assembly Plant into the Oakville Electric Vehicle Complex, according to Automotive News.
“Canada and the Oakville complex will play a vital role in our Ford+ transformation,” Ford CEO Jim Farley said in a statement. “It will be a modern, super-efficient, vertically integrated site for battery and vehicle assembly.”
The company plans to spend $1.3 billion to transform the plant, beginning the second quarter of next year. The project will take approximately six months to complete, during which time some of the plant’s 3,000 workers will be furloughed. Ford expects virtually all of them to return once the transformation is complete in 2024.
Ford has not commented on exactly which EV models will be built at the facility.