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Ford Motor Company is investing C$1.8 billion in its Oakville Assembly Complex to transform it into a high-volume hub of electric vehicle manufacturing in Canada – a key part of the company’s plan to scale production of electric vehicles and make them more accessible to millions of customers.
Ford’s fourth-quarter and full-year 2022 operating results were below its expectations, but the company is optimistic about what’s possible now with three distinct, customer-focused business segments.
