Ford invests $1 billion in German plant, targets move to ‘all-electric’ passenger vehicles in Europe by 2030

Ford invests $1 billion in German plant, targets move to ‘all-electric’ passenger vehicles in Europe by 2030

Wednesday, February 17, 2021

Ford is investing $1 billion in an electric vehicle production facility in Cologne, Germany, with the European arm of the automotive giant committing to go “all-in” on electric vehicles in the years ahead.

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