Ford Reveals Plans to Build Electric Vehicles in Canada

Ford Reveals Plans to Build Electric Vehicles in Canada

Ford Motor Company (NYSE: F) has revealed plans to build some of its upcoming electric vehicles in Canada. Ford said that it has agreed to invest 1.8 billion Canadian dollars (about $1.35 billion U.S. dollars) in its Canadian facilities as part of a new contract deal with its Canadian workers represented by the Unifor labor union. Part of that sum will go to convert an SUV factory in Ontario to build electric vehicles, the company said.