Ford will now build electric cars in Mexico

07 December, 2017, 21:21 | Author: Regina Silva

At the time the company said it was planning to start production of the electric crossover with 300 miles of range in summer 2020 at Flat Rock, while a new autonomous model would commence production in 2021.

All the major automakers make some of their cars for the US market in Mexico, and all depend on Mexican parts suppliers for cars built at USA plants.

The company says it will still go ahead with plans to invest and create new jobs at Flat Rock, but that it will build self-driving cars there instead, rather than electric cars. Ford has since confirmed it has adjusted production plans to move the new crossover to Mexico. "It's not like they're not putting money into the U.S".

Ford originally earmarked US$700 million for the EV in its MI plant, which would have created about 700 new jobs, but it now plans to invest even more for its autonomous development there. Ford has been viewed by Wall Street as playing catch-up to rivals such as Tesla and General Motors, which already sells the battery-powered Chevy Bolt and plans to introduce robot taxis in 2019.

The move comes as Ford and other automakers place increasingly large bets on electrification and self-driving technology.

Ed Sheeran just collected his MBE from Prince Charles
Ed Sheeran was officially made a Member of the Order of the British Empire (MBE) by Prince Charles on Thursday (07Dec17). He also said his late grandfather Bill was a "massive royalist".


Air Quality 'very poor' in Delhi; heres all you need to know
The safe limit for PM2.5 according to global standards is 25 microgrammes per cubic meters and 60 units as per national standards. On November 14, Lucknow had earned the dubious distinction of being the most polluted city in the country with AQI of 484.


How to see this spectacular holiday meteor shower
In the early evening, about 5:30 to 7 p.m., the radiant in Gemini is still low, so not that many meteors will be visible. The brightest stars Pollux and Castor in the constellation Gemini are named for the famous twins from Greek mythology.


Ford will build its next generation all-electric auto in Mexico, rather than at the plant in MI where it promised to build it.

The Flat Rock, Mich. factory had been designated for production of an unidentified electric auto.

"Automakers have been out of the line of fire of late with so many other issues brewing in D.C.", Krebs said, adding that the impact of the president's planned changes to the North American Free Trade Agreement represents an "unknown" for Ford as it shifts the electric SUV to Mexico.

That's one reason it tapped Jim Hackett, who previously led Ford's self-driving vehicle effort, as CEO when Fields was forced out earlier this year. So now we're back to making cars in Mexico? Ford's autonomous business will "serve leading companies, such as Lyft, in the movement of people and goods".

Recommended:



Popular

Angelina Jolie Thought Working with Brad Pitt Would Help Their Marriage
Why did we feel that way when we made it? "Over the span of that decade, I did lose my mother", Jolie revealed. Smith was released, and they married in August 2014, after their family had grown to include six children.

R. Kelly Burglars Empty ATL Homes ... Cops ID a Suspect
Walker is now wanted on two counts of burglary, two counts of theft by taking and two counts of theft by deception. Officials went to check that home the next day and said they found it burglarized as well. " Many televisions.

"A new Tomb Raider game is coming" says Square Enix
Square Enix announced today on Twitter that a new Tomb Raider game is on the way - sort of. According to Square Enix, the first reveal will happen soon, later in 2018.

Israel declares F-35 war jets 'operational'
The squadron's current nine aircrafts are among 50 F-35s that Israel agreed to purchase from the United States . Congress over its costs and alleged engineering flaws.

Wells Fargo And Co (WFC) Stake Boosted by Capital World Investors
Keefe, Bruyette & Woods restated a "buy" rating on shares of Wells Fargo & Company in a report on Wednesday, August 16th. The average volume for Wells Fargo & Company (NYSE: WFC ) has been 18.3 million shares per day over the past 30 days.

UK House Price Growth Exceeds Expectations In November
And Zoopla has revealed homeowners were selling their homes at nearly 4 per cent less than the asking price in September. Home sales grew by a modest 2% to 105,260 in October to reach their highest monthly level in 2017.

Amazing Heisman Trophy Stats You Need to Know in 2017
Sooners quarterback Baker Mayfield placed third in Heisman voting a year ago behind victor Lamar Jackson and Deshaun Watson. A program can still have great success with an average quarterback, if they have a running game that is almost unstoppable.

Italian union says its Ryanair pilots to strike on Dec. 15
Wilson goes on to say that monetary base allowances and annual allowances will all cease if any industrial action is undertaken. Ryanair has also said repeatedly that it does not recognise the EERC and will not negotiate with pilots in this fashion.

Apple Pay Cash Now Available with Latest iOS Update
In June 2016, Apple Pay users gained the ability to make cash withdrawals from Bank of America ATMs using their iPhones. Once set up, though, Apple Pay Cash will then be available for the Apple Watch in both Messages and Wallet apps.

Brussels Loses Euro 2020 Matches To Wembley
Brussels has been dropped from the 13-nation hosting plan because of delays starting to build the Eurostadium project. Wembley will host seven games at Euro 2020 after Brussels lost the right to host matches for the tournament.