More Ford EV's

[Fred42]

Quote:
The moves come six weeks after Ford Motor Co. announced a tentative deal with Unifor to continue building vehicles at its assembly plant in Oakville. CN and CP both have access to Ford’s sole Canadian assembly facility.

Ford plans to build five battery-electric vehicles at the Oakville plant starting in 2025, and also will produce batteries at the plant. Ford also said it would invest in its engine plant in Windsor.

CN, CP auto volumes to benefit from GM, Ford Canada announcements | Trains Magazine

 

[ItsNotAboutTheMoney]

Quote:
The moves come six weeks after Ford Motor Co. announced a tentative deal with Unifor to continue building vehicles at its assembly plant in Oakville. CN and CP both have access to Ford’s sole Canadian assembly facility.

Ford plans to build five battery-electric vehicles at the Oakville plant starting in 2025, and also will produce batteries at the plant. Ford also said it would invest in its engine plant in Windsor.

CN, CP auto volumes to benefit from GM, Ford Canada announcements | Trains Magazine

When investment in Canada is announced it can only mean one thing: the Canadian dollar is cheap.

 

[CapeOne]

When investment in Canada is announced it can only mean one thing: the Canadian dollar is cheap.

The Canadian dollar is actually about 10% stronger today against the USD than it was six months ago.

 

[Fred42]

When investment in Canada is announced it can only mean one thing: the Canadian dollar is cheap.

C$590 million in government grants for Ford helped as well.
Feds, province invest almost $600M to help build electric vehicles | Windsor Star