Ford Truck Plant to Retool to Build Electric Cars
The New York Times’ Green Inc. blog is reporting that Ford will spend half a billion dollars to retool one of its factories to produce an all-electric verson of the Ford Focus:
Amidst one of the auto industry’s largest wholesale shifts in modern history, the Ford Motor Company is investing $550 million to turn a factory that was dedicated to making large and fuel-hungry sport utility vehicles into a modern and scalable small-car plant that will eventually produce an all-electric version of the Focus.
The Michigan Assembly Plant, known as one of the world’s most profitable manufacturing sites during the S.U.V. boom of the 1990s, was once the hub for the Ford Expedition and Lincoln Navigator. The plant is expected to begin building the new Ford Focus next year, followed by production of the all-electric Focus in 2011.
This is great news, if a little late. I wonder how much of the impetus to produce an all-electric version of the Focus comes as one of the strings from the auto bailout, and how much comes from Ford execs noticing the popularity of the Prius and the incredible response to the mere announcement of the Chevy Volt.
Whatever the reason, it’s about time.