Ford said Monday it will invest $2 billion to transform its Louisville Assembly Plant into a factory capable of making a new generation of affordable EVs, starting with a mid-sized pickup truck with a base price of $30,000 that is slated to launch in 2027.
This is not a standard factory upgrade. To reduce the cost of manufacturing, Ford has upended the moving assembly line system launched by its founder Henry Ford more than rel=”nofollow” href=”https://corporate.ford.com/articles/history/moving-assembly-line.html”>112 years ago.
The automaker’s willingness to change the century-old system that made Ford a household name reflects…

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