Ford’s factory in Oakville, Ontario, will begin its $1.3 billion ($1.8 billion CAD) transformation into an electric vehicle assembly plant in the second quarter of 2024. The retooling is expected to take six months to finish, the automaker said Tuesday.
During the process, an estimated 3,000 workers will be furloughed, according to Automotive News. Ford, however, says it expects to bring back virtually all the factory workers when the plant comes back online at the end of 2024.
The factory, which currently produces gas-powered Edge and Lincoln Nautilus crossovers, will be renamed the Oakville Electric Vehicle Complex and will include a 407,000-square-foot battery assembly plant. The facility will use battery cells produced by Ford’s B…
