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Ford Invests $900 Million to Build Electric Vehicles in Michigan

  • Spending on electric, self-driving cars built in home state
  • Carmaker announces investment as Trump visits Ohio, attacks GM
Bloomberg business news
Ford Invests $900M to Build Electric Vehicles in Michigan
Updated on

Ford Motor Co. plans to spend about $900 million and hire about 900 workers to build electric and self-driving vehicles in Michigan, while moving production of a small commercial van to Mexico from Europe.

The moves, announced the same day Donald Trump visits an Ohio tank plant, follow the president’s sharp criticism of General Motors Co. for idling a car factory in Lordstown, Ohio. Ford is reiterating some previous financial and employment commitments while changing gears for the third time on building electric autos at an underutilized factory south of Detroit.