Ford has unveiled plans to inject €4.4 billion into its German subsidiary, Ford Werke, as part of a strategic effort to strengthen its presence in Europe and accelerate its transition to electric mobility.
The investment will support the modernization of Ford Werke’s production facilities, with a focus on expanding electric vehicle (EV) manufacturing capabilities. This move aligns with Ford’s broader vision of achieving carbon neutrality across its European operations by 2035.
By bolstering its German operations, Ford aims to enhance production efficiency, foster innovation in EV technology, and secure the long-term sustainability of its manufacturing footprint in Europe. The company is committed to meeting the rising demand for electric vehicles while maintaining its strong position in the European automotive market.
Ford Werke, based in Cologne, will play a key role in the automaker’s ambitious electrification strategy. The funding will support the production of new EV models and the development of advanced manufacturing processes to boost output and reduce emissions.
This significant investment underscores Ford’s commitment to driving the future of mobility in Europe and building a more sustainable automotive industry.
