Ford Motor to Receive $464 Million From Feds to Pivot to F-Series Production at Oakville Plant After EV Plans Scrapped

Ford Motor to receive $464 million from feds to pivot to F-series production at Oakville plant after EV plans scrapped

The plant has been idle for roughly two years, and is expected to restart production this fall.

Canada Grants Ford $464M for Oakville Truck Pivot After EV Plan Scrapped

Canada is providing Ford Motor Co. with C$464.5 million (US$340.4 million) to retool its Oakville Assembly Complex in Ontario for production of heavy-duty pickup trucks, according to a grant notice first reported by The Logic. Effective since March 30, the grant supports the Detroit automaker’s plan to produce up to 100,000 F-Series Super Duty trucks annually at the plant west of Toronto and to build a metal stamping facility at the site by 2029…