# Ford invests C$1.8B to convert Oakville plant for BEV production

Ford Motor Company of Canada will invest C$1.8 billion to convert its Oakville Assembly Complex in Ontario to include a battery electric vehicle manufacturing facility, starting production in 2024.

- Type: Investment
- Announced: 2020-09-28
- Where: Oakville, Ontario, Canada
- Value: $1.35B (1.80B CAD)
- Starts operating: 2024
- Status: announced
- Products: battery electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ford Motor Company of Canada](https://endata.com/companies/50220.md)

## Sources

- [spglobal.com](https://www.spglobal.com/energy/en/news-research/latest-news/electric-power/092920-ford-to-invest-c18-billion-to-become-first-full-battery-ev-maker-in-canada), 2020-09-29: "The introduction of BEV production at the Oakville Assembly Complex meant the company was 'cementing our Canadian operations as a leader in advanced automotive manufacturing.'"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.