Ford has announced a €42 million investment in its Valencia manufacturing plant in 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.
The new battery assembly facility will begin production in September this year. The new S-MAX Hybrid sport activity vehicle and Galaxy Hybrid people mover will be introduced in early 2021.
Stuart Rowley, President, Ford of Europe, says: “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.”
He adds: “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 has invested €3 billion in its Valencia facility since 2011, including €750 million to support production of Kuga.