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 announcement comes about a week after the introduction of Ford Energy, a subsidiary of Ford Motor Company.

Ford has started the mass assembly of vehicle drive battery packs in three different sizes for exclusive use in Ford’s new generation of electric vehicles, the Ford Explorer and Ford Capri, with both ...

LOUISVILLE, Ky. — Ford Motor Company has announced what it calls its next “Model T moment," and a big part of that initiative involves a $2 billion investment in Louisville. Visiting Ford's Louisville ...

LOUISVILLE, Ky. (AP) — 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 ...

Kentucky has attracted over $13.1 billion in electric vehicle (EV) related investments since 2020. Ford is investing $2 billion in its Louisville Assembly Plant to produce a new electric truck and ...

Engineers at the EVDC emphasized a key target: reducing platform complexity by as much as 30 percent compared to previous programs.