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.

The campus, to be renamed Oakville Electric Vehicle Complex, will begin to retool and modernize in the second quarter of 2024 to prepare for production of next-generation EVs. This marks the first time a full-line automaker has announced plans to produce passenger EVs in Canada for the North American market.

Canada and the Oakville complex will play a vital role in our Ford+ transformation. It will be a modern, super-efficient, vertically integrated site for battery and vehicle assembly,” said Jim Farley, Ford president and CEO. “I’m most excited for the world to see the incredible next-generation electric and fully digitally connected vehicles produced in Oakville.”

 

The investment allows Ford to repurpose and transform existing buildings into a state-of-the-art facility that leverages Ford of Canada’s skilled and experienced workforce. Ford is taking a diverse strategic approach to transforming its industrial system to expand EV production: building new greenfield sites and also transforming existing manufacturing sites like in Oakville and Cologne, Germany.

“Ford’s commitment to invest in OAC retooling and upskilling signals a bright future for Canadian EV production and for Canadian auto sector employment,” said Lana Payne, Unifor’s national president. “The transformation of the Oakville plant is an important step towards a stronger industry and testament to the hard work, skills and dedication of our Unifor, Oakville Assembly Complex members.”

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The current 487-acre Oakville site includes three body shops, one paint building, one assembly building. The transformed campus will feature a new 407,000 square-foot on-site battery plant that will utilize cells and arrays from BlueOval SK Battery Park in KentuckyOakville workers will take these components and assemble battery packs that will then be installed in vehicles assembled on-site.

“Ford’s transformation from gas to electric vehicles is well underway. Once complete, the Oakville Electric Vehicle Complex will secure thousands of well-paying jobs for our hard-working Canadian autoworkers and boost the competitiveness of Canada’s auto sector. The partnership between Ford and Canada helps to position us as a global leader in the EV supply chain for decades to come,” said François-Philippe Champagne, Minister of Innovation, Science and Economic Development of Canada.

Added Vic FedeliOntario’s Minister of Economic Development, Job Creation and Trade: “Ford’s investment to transform its Oakville facility to manufacture passenger electric vehicles will strengthen our end-to-end EV supply chain and help ensure that the vehicles of the future are built here in Ontario. With our plan to build a strong Ontario, we continue to create the right conditions for businesses and workers to succeed now and for generations to come.”

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