Ford opens new EV-focused assembly plant in Germany
Today, Ford has opened its Cologne Electric Vehicle Center, part of the automaker’s push to become an all-electric car company by 2030. The American automaker’s Cologne plant was originally founded in 1930, but in 2021, the company said it would be transforming it into an EV manufacturing center at a cost of $1 billion. As of today, the company says the plant’s transformation is “part of a $2 billion investment.”
The first car to be produced at the plant is Ford’s new all-electric Explorer made exclusively for Europe. The company is billing the crossover SUV built on top of VW’s MEB platform as its fourth electric vehicle behind the Mustang Mach-E, E-Transit, and F-150 Lightning. A “sports crossover” is scheduled to be the second...