Ford EV shift: Automaker to invest nearly $2 billion in Kentucky plant; plans affordable midsize electric pickup by 2027

Ford is investing nearly $2 billion to retool its Louisville plant for EV production, aiming to create affordable and globally competitive models. The first EV will be a midsize electric pickup truck launching in 2027, utilizing lower-cost batteries. This initiative secures 2,200 jobs and represents a significant step towards a sustainable and profitable EV business for Ford.