This week marked the official opening of Ford’s Cologne EV facility, a cutting-edge production plant in Germany where the company will create its next generation of passenger electric vehicles for millions of customers in Europe. The Ford Cologne facility was established in 1930; however, in 2021 Ford announced that it would be converted into an electric vehicle manufacturing hub at a cost of $1 billion. The plant’s renovation is currently described by the company as part of a $2 billion investment.
Ford anticipates that the Cologne electric vehicle facility will produce 250,000 electric cars each year. In 2022, Ford stated that it had plans to…
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