Ford Invests $450 Million More In Electric Vehicles image

Ford will invest another $450 million in Michigan as part of the company’s aggressive electric vehicle plan.

This comes in addition to Ford’s already announced plans to invest $550 million to transform Michigan Assembly Plant from a large SUV factory to a modern car plant to build the all-new Focus starting in 2010 and Focus Electric pure battery electric vehicle in 2011.

With today’s news, Ford’s Michigan Assembly Plant in Wayne, Mich., will be the production site of hybrid, plug-in hybrid and full battery electric vehicles, all of which will be built off the company’s new global C-car platform.
In addition to building the Ford Focus Electric and next-generation hybrid and plug-in hybrid at Michigan Assembly Plant, Ford said it is bringing battery system design and development in-house.

Ford’s investment and the state’s incentives will create approximately 1,000 new jobs related to the production of the company’s future electric vehicles and the production of key hybrid components, including battery pack assembly. Most of those jobs will be created at Michigan Assembly Plant, which is being transformed to produce fuel-efficient, small global cars.

“Ford’s Michigan Assembly Plant is quickly becoming a symbol of transformation on many different levels,” said Jim Tetreault, vice president, North America Manufacturing. “Not only will the new facility enable Ford to meet increased market demand for small fuel-efficient cars, it also promises to become the hub of Ford’s advanced technology vehicle manufacturing in Michigan that will benefit the company, the UAW, the state and our customers throughout North America.”