
Ford’s CEO, Jim Farley, recently highlighted the potential impact of government policy changes on employment. As reported by the New York Times, Farley indicated that layoffs could become necessary if the Trump administration eliminates vital subsidies and financial backing for electric vehicle production.
According to the article, Ford has significantly invested in facilities across Ohio, Michigan, Kentucky, and Tennessee to enhance its battery and electric vehicle production capabilities. Farley noted at a New York conference that if the Republican Party retracts Biden-era funding initiatives, which allocated substantial financial support for these projects, "many of those jobs will be at risk."
In a notable development, Ford announced in August 2024 its plans to manufacture an all-electric, three-row SUV at its Lorain County facility.
Ford is also set to commence production of an all-electric commercial van at the same location in 2026.
Related: Ford plans to start production of all-electric commercial van at Lorain County plant in 2026
In 2022, the company made a significant investment of $1.5 billion in the Ohio Assembly Plant in Avon Lake, focusing on assembling a new line of commercial electric vehicles.
Related: Ford’s century-old Ohio roots grow deeper with $1.5 billion investment and 1,800 new jobs
Looking ahead, Ford is planning to launch two new all-electric pickup trucks by 2027. One will be a medium-sized pickup, developed by Ford’s California Skunkworks Team, and the other will be a next-generation model to be assembled in Tennessee.
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