By A.J. Roan
Metal Tech News
Ford invests $1B in European EV future
To transform European headquarters to all-electric by 2030 Metal Tech News – February 18, 2021
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Last updated 7/10/2022 at 3:06pm
Ford
Home to Ford in Europe, the century old European headquarters to the American automaker in Germany is getting a $1 billion upgrade that will transform this plant to the future Ford Cologne Electrification Center.
Ford Motor Company Feb. 17 announced a US$1 billion investment to transform its century old German-based vehicle assembly facility in Cologne, one of the largest manufacturing centers and the home of Ford in Europe, into the American automaker's first electric vehicle facility there.
The news comes after Ford stated weeks earlier it was investing at least US$22 billion globally in electrificati...
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