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  3. Ford increases European EV investment for electric future

Ford increases European EV investment for electric future

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Ford increases European EV investment for electric future

posted almost 2 years ago

​Ford has opened a new Electric Vehicle Centre in Cologne, Germany, as part of expansive plans for its new generation of electric passenger vehicles.

The historic Cologne plant sees a $2 billion investment to transform it to a hi-tech production facility, with a brand-new battery assembly, production line, and state-of-the-art tooling and automation, capable of producing 250,000+ EVs annually. This investment represents a major vote of confidence in German manufacturing and European automotive production as a whole.

Contechscurrently supports Ford and many other prestigious OEMs as they move to an electrified future.

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