Ford leads $11 billion plan for electric vehicle manufacturing
Axios
Ford is making a historic investment in electric vehicle manufacturing with an $11.4 billion plan to build a new EV assembly plant and at least three battery factories, employing nearly 11,000 people. Why it matters: The plan is an all-in bet on the biggest transformation of the auto industry since the dawn of the horseless carriage more than a century ago. The big picture: Ford says its plan is the company’s largest single manufacturing investment in its 118-year history and th…
