Ford to invest $1.3B in Oakville, Ontario, plant to build EVs

Ford Motor Co. is investing $1.3 billion (1.8 billion Canadian dollars) to transform its Oakville Assembly Plant in Ontario to assemble multiple electric vehicles and battery packs.

The announcement makes due on a commitment reached in the Dearborn automaker’s 2020 labor agreement with Unifor, the Canadian autoworkers’ trade union. That included a $1.44 billion (1.95 billion Canadian dollars) investment into three plants in Ontario, including Oakville, which will be renamed the Oakville Electric Vehicle Complex.

A Ford Edge rolls off the line at the Oakville Assembly Plant. The Dearborn automaker is investing $1.3 billion into the Ontario plant to build electric vehicles.

The plant will be the company’s first high-volume transformation of an existing plant in North America to make EVs after Cuautitlán Assembly Plant in Mexico transitioned to build the Mustang Mach-E SUV. The Canadian investment is part of Ford’s $50 million commitment to electrification by 2026, when it expects to have capacity to produce 2 million EVs globally.

“The transition to EV production in Oakville will not only strengthen our business,” Bev Goodman, Ford Canada CEO and president, said during a briefing conference call, “it will help deliver stable Canadian jobs.”

Oakville employs 3,000 people, and though salaried, skilled-trade and “some” production workers will continue work through the six-month transformation that begins in the second quarter of 2024, temporarily laid-off employees will be back before the end of next year, said Tony Savoni, plant manager.

Production for delivery will begin in 2025. The plant is expected to return to roughly the same employment, though Savoni hedged the statement, noting it will depend on “market circumstances.” Using the existing plant will allow production to start sooner and with an experienced manufacturing workforce, though employees will undergo on-the-job training in preparation for EV assembly.

Details on which vehicles will replace the gas-powered Ford Edge and Lincoln Nautilus midsize SUVs and what their production would be were not available yet. The SUVs originally were planned to go out of production in 2023.