Ford continues accelerated electrification transformation

By 2026 Ford plans to sell 600,000 electric vehicles annually in Europe

Ford continues accelerated electrification transformation

Continuing Ford’s accelerated transformation of its business in Europe to achieve an all-electric future, Ford of Europe has officially transferred ownership of its Romanian plant to Ford Otosan.

By combining the Craiova plant’s production power with Ford Otosan’s extensive experience in commercial vehicle design, engineering, and manufacturing, the facility will play a key role in Ford’s electrification and commercial vehicle growth plans for Europe.

Stuart Rowley, chair of Ford of Europe said: “Ford is leveraging strategic partnerships to better utilise resources by sharing investments and benefitting from a wider pool of expertise thereby boosting its electric and commercial vehicle capacity in Europe.”

Ford Otosan also announced it plans to invest €490 million in the plant over the next three years to expand production growth.

The next generation Transit Courier, including the van and combi models, designed and engineered by Ford Otosan, will be produced in Craiova and launched in 2023, and all‑electric versions will start production in 2024.

Related: Record-breaking rise in number of vehicle technicians training for EVs, IMI data shows

Ford Otosan will continue producing Ford’s best-selling European passenger vehicle, the Puma, at the Craiova facility and will start building the new all-electric Ford Puma in 2024.

Ford is also moving forward with a $2 billion conversion of its Cologne, Germany, operations to begin producing electric passenger vehicles, starting in 2023.

Last month Ford confirmed that it has chosen its plant in Valencia, Spain, as the preferred site to assemble vehicles based on a next-generation electric vehicle architecture.

Pending product approval, the Valencia plant could produce breakthrough electric and connected vehicles beginning later this decade.

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