Ford to Invest €42 Million in Production of New Hybrids and Batteries

Ford has announced plans to invest €42 million in its Valencia factory in Spain.

According to the company, two new assembly lines enable the production of high-tech lithium-ion batteries for the new Kuga Hybrid and Plug-In Hybrid, as well as for the S-Max Hybrid and Galaxy Hybrid, which will debut in 2021. The new factory will start working in September.

Ford to Invest €42 Million in Production of New Hybrids and Batteries photo 2

Ford has already invested €3 billion in its Valencia factory since 2011. A quarter of this amount went to support the Kuga production: this is the model with the highest level of electrification in the history of the brand. The family includes the Kuga Hybrid, Kuga Plug-In Hybrid and Kuga Eco Blue Hybrid (a mild hybrid with a voltage of 48 V). The Valencia factory also produces the Mondeo Hybrid sedans and station wagons.

Electrification is rapidly becoming a major market trend, so we are increasing our investment in the Valencia factory to offer even more electrified models and powertrain options in the future

Ford of Europe President Stuart Rowley said. “We expect that electrified models will account for the majority of passenger car sales by the end of 2022.

Ford to Invest €42 Million in Production of New Hybrids and Batteries photo 3

The company plans to release 14 electrified models In Europe by the end of 2020. As previously reported, Ford has introduced a new electric SUV.

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