Ford announces investment of 42 million euros in Valencia plant

by Autocar Pro News Desk , 17 Jan 2020

Ford has announced a 42 million-euro investment in its Valencia manufacturing plant, Spain, to support the company’s electrification strategy with a state-of-the-art battery assembly facility in addition to new S-MAX Hybrid and Galaxy Hybrid models.

These two new assembly lines will enable the advanced lithium-ion batteries that help power the all-new Kuga Plug-In Hybrid, all-new Kuga Hybrid, and new S-MAX Hybrid and Galaxy Hybrid to be produced alongside the vehicles for greater manufacturing efficiency and sustainability. The new battery assembly facility will begin production in September this year. So far Ford has invested 3 billion euros in Valencia since 2011, including 750 million euros to support production of Kuga – Ford’s most electrified vehicle ever

Ford is aiming to introduce 14 electrified vehicles in Europe by the end of 2020. Stuart Rowley, president, Ford Europe said, “With electrification fast becoming the mainstream, we are increasing our investment in Valencia to provide even more electrified models and powertrain options for our customers. By making it easier than ever to transition into an electrified vehicle, we expect the majority of our passenger vehicle sales to be electrified by the end of 2022.”

Ford also produces the Mondeo Hybrid and Mondeo Hybrid wagon models at its Valencia manufacturing facility.