Source: San Diego Union-Tribune
“Ford Motor Co. will invest nearly $2 billion retooling a Kentucky factory to produce electric vehicles that it says will be more affordable, more profitable to build, and will outcompete rival models. The automaker’s top executive unveiled the new EV strategy Monday at Ford’s Louisville Assembly Plant which, after producing gas-powered vehicles for 70 years, will be converted to manufacture electric vehicles. … The Big Detroit automakers have continued to transition from internal combustion engines to EV technology even as President Donald Trump’s administration unwinds incentives for automakers to go electric. … Yet Farley and other top executives in the auto industry say that electric vehicles are the future and there is no going back.” (08/11/25)
https://www.sandiegouniontribune.com/2025/08/11/ford-us-investment-electric-vehicles/