An aerial scene in the form of Ford Sign is on the sale of the Metro Ford dealership in Miami, Florida on 06 May 2025.
Joe Redal | Getty images
Paid On Monday, he announced that he would invest $ 2 billion at Louisville, Kentki, Assembly Plant, aimed at rolling more affordable electric vehicles.
The investment already comes at the top of $ 3 billion for a battery park in Michigan. Together facilities will build or secure about 4,000 new jobs, Ford said News release.
Ford CEO Jim Farley said in release, “We took a radical approach to a very tough challenge: make cheap vehicles that delight customers in every way – design, innovation, flexibility, location, driving and ownership costs – and do it with American workers.”
The Detroit Automeker plans to produce a midsize, four-door electric pickup at the Louisville assembly plant. The vehicle launch is slaughtered for 2027.
This story is developing. Please check back for updates.
