AUTOSHOWUPDATE 1Ford to invest $450 mln in electric car plant Reuters

17 Фев 2014 | Author: | Комментарии к записи AUTOSHOWUPDATE 1Ford to invest $450 mln in electric car plant Reuters отключены
FORD Focus Electric � Electric Car 107kW Auto

Related Topics

* Ford to $450 mln in EV production in Michigan

* spurred by state tax credits

* will build upcoming plug-in in home state

Jan 11 (Reuters) — Ford Co ( F.N ) on Monday said it would $450 million to build its hybrid and a rechargeable plug-in at a Michigan assembly plant in 2012 after winning tax incentives.

Ford said the and related steps would 1,000 new jobs in Michigan and had made possible by tax credits its home state extended a earlier to stem the decline in payrolls.

The investments are part of a broad electric vehicle strategy last year that introducing a battery electric of its Transit Connect small van this year in North and an electric Focus next

Ford said on Monday the Connect would have a range of 80 miles per full and the Focus of up to 100 miles on a full

The No. 2 U.S. automaker behind Motors Co, Ford plans to the battery-powered version of its Focus car at an assembly plant in Wayne,

Ford had invested $550 at the plant — known as Michigan Assembly Plant to convert it from production of utility vehicles to produce the compact car the automaker unveiled at the auto show on Monday.

The investments, supported by $188 of state incentives and tax credits, allow the plant to handle of the next generation of Ford and of plug-in hybrid vehicles, said.

Ford also said it move production of lithium-ion packs from Mexico to and would bring the design and of the battery systems in house. It announce a site for that pack production plant

The Maeil business newspaper in Korea reported on Monday South Korea’s LG Chem Co Ltd ( ) would sell rechargeable to Ford from 2012 annual sales reaching an 500 billion won ($447 million).

FORD Focus Electric � Electric Car 107kW Auto

A Ford spokesman said the would not confirm the report. LG U.S. unit has reached a to supply next-generation lithium-ion for General Motors’ [GM.UL] plug-in. [ID:nSEO332545]

Currently, parts supplier Delphi the battery pack for Ford’s hybrids in Mexico. The current uses nickel-metal-hydride batteries.

also plans to produce transaxles at its Van Dyke transmission in Sterling Heights, Michigan, Detroit starting in 2012.

has not yet revealed plans for its hybrid and hybrid models, set to be launched in Both of those vehicles be built on the same platform as the Focus.

Plug-in hybrids are designed to run on power for short trips a small combustion engine to the battery on longer drives.

traditional hybrids, plug-in also can be recharged at standard outlets.

The investment in its electric car was announced at the Detroit auto by Ford Chairman Bill Jr. and Michigan Governor Jennifer (Reporting by Kevin Krolicki and Kim ; Editing by Steve Orlofsky)

FORD Focus Electric � Electric Car 107kW Auto
FORD Focus Electric � Electric Car 107kW Auto
FORD Focus Electric � Electric Car 107kW Auto

Interesting articles

Other articles of the category "Ford":

Our partners
Follow us
Contact us
Our contacts


About this site

For all questions about advertising, please contact listed on the site.

Catalog ALL Electric Cars and hybrid/ News and Information about Electric Car and Electric Vehicle Technologies, batteries for vehicle catalog with specifications, pictures, ratings, reviews and discusssions about Electric and Hybrid cars - Green energy