FORD INVESTS $450 MILLION MORE IN ELECTRIC VEHICLES; NEXT-GENERATION HYBRID, PLUG-IN HYBRID AND NEW BEV WILL BE PRODUCED AT MICHIGAN ASSEMBLY PLANT
Ford will invest another $450 million in Michigan as part of the company’s aggressive electric vehicle plan
Engineering, production and launch of new electrified vehicles, battery systems and hybrid transaxles will create up to 1,000 new jobs in Michigan
Ford will build a next-generation hybrid vehicle and plug-in hybrid vehicle at Michigan Assembly Plant beginning in 2012 – in addition to producing the new Ford Focus and Focus Electric at Michigan Assembly in 2010 and 2011, respectively
Ford will design advanced lithium-ion battery systems for the next-generation hybrid in Michigan and move production of battery packs from Mexico to Michigan
State of Michigan tax credits enabled Ford’s electric vehicle investment