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Ford in Europe today announced another important stride toward an all-electric future, confirming that it has chosen its plant in Valencia, Spain, as the preferred site to assemble vehicles based on a next-generation electric vehicle architecture.
Ford is further strengthening its leadership team – hiring two highly regarded executives and giving a significant global operating role to an accomplished longtime senior colleague – as it continues to execute the customer focused Ford+ plan for growth and value creation.
Ford is continuing to transform its global automotive business, accelerating the development and scaling of breakthrough electric, connected vehicles, while leveraging its iconic nameplates to strengthen operating performance and take full advantage of engineering and industrial capabilities.
Ford and ADT Inc. will invest in a new joint venture called Canopy that combines ADT’s professional security monitoring and Ford’s AI-driven video camera technology.