Ford Motor Co. continued its doubling down on electric vehicles on June 2, committing to massive plant renovations in Ohio, Michigan and Missouri, all focused on bringing more commercial EVs to market.
Long the dominant automaker in U.S. vans and pickups, the $3.7 billion in plant expansions will result in more capacity for the F-150 Lightning electric pickup, E-Transit commercial van and an as-yet-unnamed electric commercial vehicle. The country’s oldest automaker isn’t alone in targeting the commercial space with EVs. General Motors launched its BrightDrop commercial EV subsidiary last year which makes commercial vans and delivery trucks. Rivian, an EV startup that Ford invested in, is making electric vans for Amazon and consumer pickups. And, major truck producers such as Volvo and Navistar continue to launch new EV models.