Increased capacity for high-demand battery products has prompted Ford to secure 60 gigawatt hours of annual battery capacity as part of a 600,000-EV production run by late 2023.
Ford Anticipates All-Electric Future in Europe
Ford Motor Co. has selected its Valencia plant in Spain as the one best poised to produce next-gen electric vehicles. It also recommitted to German production with a $2 billion electric vehicle center in Cologne, which will begin production in 2023.