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.

Canadians make Ford F-Series the country’s best-selling pickup for 57 years in a row.

The all-new 2023 Ford F-Series Super Duty offers best in class performance right where customers need it with 1,200 lb.-ft. of torque available, 40,000 pounds maximum towing, and 8,000 pounds of maximum payload.