The plant will build the company’s next-generation EVs that are expected to arrive to market around mid-decade.
The changes to the Oakville complex will include combining three body shops into one and adding battery pack assembly, Ford said.
The Oakville plant will continue to build the gas-powered Ford Edge and Lincoln Nautilus crossovers up until the plant’s downtime.
The investment is part of Ford’s plan to have production capacity for 2 million EVs globally by the end of 2026.
The retooling is expected to take six months and begin in the second quarter of next year, Ford said.
The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
Happened as dated, per cnbc.com: "…ext-generation EVs that are expected to arrive to market around mid-decade. The retooling is expecte…"
Manufacturing Dive reports Ford's $1.3 billion Oakville EV overhaul, with renovations beginning Q2 2024 and EV production expected "by mid-decade" - consistent with the pin's stored 2024-06-01 to 2025-01-02 window covering the retooling start.
Electric Autonomy Canada reports construction beginning in 2024 and vehicle production starting in 2025 at the Oakville EV hub (citing a somewhat higher $1.8 billion figure than the pin's $1.3 billion), broadly matching the pin's stored window though with a differing investment total.
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Several test prototypes have already been spotted with camouflaged front and rear ends, suggesting the Model 3 is in for some major visual updates. But Tesla's compact sedan will get more than that. According to a "trusted insider" who offered an exclusive insight to Not A Tesla App, the Project Highland will bring significant changes inside and out.
Starting with the design, the report notes the headlights will have a different shape, which means the front bumper will be redesigned as well. It will be more aerodynamic and will now house a single camera in the center area of the lower grille, in similar fashion to the Cybertruck.
Out back, the refreshed Tesla Model 3 is also getting a redesigned bumper, although the changes will likely be purely for aesthetic reasons.
The source also said the side mirrors will be subtly updated and the Project Highland will be getting more cameras to take advantage of the new Hardware 4.0 Autopilot supercomputer. Three new cameras will reportedly be added to the Model 3: one in the center of the front bumper and two on the sides of the car.
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