Ford Starts Mass Production Of All-Electric Explorer At First Dedicated EV Facility In Europe; To Reveal New Sports Crossover With Cologne Production Starting Later In 2024
Portfolio Pulse from Benzinga Newsdesk
Ford has begun mass production of its all-electric Explorer at its first dedicated EV facility in Europe. Additionally, Ford plans to reveal a new sports crossover with production starting in Cologne later in 2024.
June 04, 2024 | 1:07 pm
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Ford has started mass production of its all-electric Explorer at its first dedicated EV facility in Europe. The company will also reveal a new sports crossover with production starting in Cologne in 2024.
The start of mass production of the all-electric Explorer and the upcoming production of a new sports crossover in Europe are significant steps for Ford in expanding its EV lineup. This is likely to positively impact Ford's stock in the short term as it demonstrates the company's commitment to the growing EV market.
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