Ford says Oakville plant to produce EV passenger cars by 2025

The auto maker says the factory will be the first-high volume facility to produce electric vehicles in Canada for the North American market

says its factory in Oakville, Ont., will be the first high-volume facility to produce electric passenger cars in Canada for the North American market by 2025.

Ms. Goodman declined to say how many cars the factory would produce each year, nor say which models would be made there. The investment includes $580-million in taxpayers’ money.The Oakville site now makes the Ford Edge and Lincoln Nautilus, and employs about 3,000 people.

Ford makes the Mustang EV in Cuautitlán Izcalli, Mexico, a low-volume assembly line. Mr. Nowicki said the Oakville site will be first to be converted make large numbers of electric cars for the North American market.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globeandmail /  🏆 5. in CA

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gold to $4000 in 2025Kitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.
Read more »

Toronto mosque officials call on Ford government to combat Islamophobia after 'shocking' hate-motivated attackMosque officials are calling on the Doug Ford government to expedite legislation aimed at combating Islamophobia after a “shocking” hate-motivated incident in Toronto over the weekend.
Read more »

Tim Hortons-obsessed Doug Ford just showed off his breakfast sandwich chef skillsOntario Premier Doug Ford is once again bolstering his status as the province's number-one fan of Tim Hortons, participating in yet another strange...
Read more »

Ford government's new housing bill makes municipal expansion easierThe bill comes with a host of policy changes, including ones that make it easier for municipalities to expand their boundaries
Read more »

How Doug Ford’s controversial Ontario Place plan is shaking up Toronto’s mayoral raceThe Ford government’s controversial Ontario Place redevelopment is roiling the early Toronto mayoral race, with multiple candidates vowing to try to change the premier’s plan if elected.
Read more »

Ethereum [ETH] to $10k: A futile forecast or a reasonable betAn analyst opined that ETH would be priced at $10,000 by 2025. Ethereum’s liveliness aligned with the projection, although long-term holders were struggling to keep up hope. Before the price of Ethereum [ETH] rose to 39.98% in the last three months, there has been speculation about the altcoin reaching the $10,000 mark. While some investors […]
Read more »