CHICAGO, ILLINOIS – JUNE 05: The Ford brand is proven on the wheel of a Ford F-150 Lightning electrical pickup truck being provided on the market at a dealership on June 05, 2024 in Chicago, Illinois. (Picture by Scott Olson/Getty Photographs/AFP)
New York, United States — Ford introduced Thursday it could make investments $3 billion to broaden manufacturing of its “Super Duty” pickup vehicles at a Canadian manufacturing unit, at which it has beforehand pushed again plans for electrical autos.
The announcement offers the US carmarker a 3rd manufacturing heart in North America from which to supply the enormous pickup vehicles, which have been a serious revenue driver in recent times.
Beneath the plan, the Oakville Meeting Complicated in Ontario will manufacture as much as 100,000 extra models of the autos, with manufacturing commencing in 2026.
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Ford vegetation that produce the vehicles in Kentucky and Ohio are working at “full capacity,” Ford mentioned.
The autos are sometimes utilized by emergency response officers, in addition to within the mining, utility and development industries.
Oakville had beforehand been slated to supply EVs, however in April Ford introduced it plans to push again a brand new three-row electrical automobile from 2025 to 2027, a part of a wave of bulletins by automakers delaying EV investments due to slower than anticipated development within the American market.
Ford, which has emphasised investments in hybrid autos, mentioned the Oakville plant when completed shall be a “fully flexible plant,” implying it may produce EVs down the street.
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The corporate additionally mentioned it “remains committed to developing a growing and profitable electric vehicle business, including three-row electric utility vehicles.”
Ford didn’t instantly reply to an AFP question in regards to the 2027 EV timeframe.
“Super Duty is a vital tool for businesses and people around the world and, even with our Kentucky Truck Plant and Ohio Assembly Plant running flat out, we can’t meet the demand,” mentioned Ford Chief Govt Jim Farley. “This move benefits our customers and supercharges our Ford Pro commercial business.”
