By 2030, the US automaker plans to invest more than $ 30 billion in the transition to electric vehicles
US automaker Ford and South Korean innovation partner SK will invest $ 11.4 billion in an electric car assembly plant and three other battery plants, world news agencies reported.
Ford’s investment is $ 7 billion, a historic amount in the automaker’s 118-year history.
By 2030, the American automaker plans to invest more than $ 30 billion in the transition to electric cars. Until then, the company expects between 40 and 50 percent of its cars to be fully electric, compared to the current forecast of 40 percent.
The SK Innovation project will create nearly 11,000 jobs with the opening of an assembly and battery plant in Stanton, Tennessee, and at two battery production sites in Glendale, Kentucky. earn in 2025.
The announcement was made at a time of intense demand for the new E-150 Lightning pickup (F-150 Lightning) and other electric models such as the E-Transit and Ford Mustang Match-E Mustang Mach-E).
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