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Ford to spend $900M on EV, autonomous vehicle production

Ford to spend $900M on EV, autonomous vehicle production

The company plans to build its first autonomous cars in 2021.

Ford has outlined plans to expand its manufacturing operations in preparation for EVs and autonomous vehicles.

The company has selected its Flat Rock Assembly plant in southeast Michigan to serve as its second manufacturing facility for all-electric vehicles, requiring more than $850 million and adding around 900 new jobs through 2023. The automaker will build its all-electric performance SUV in Mexico, starting next year.

The company will also build its first autonomous vehicles in southeast Michigan. Workers will take standard production hybrid vehicles and install "unique self-driving technology and unique interiors," suggesting the cars will serve a Ford-owned commercial fleet rather than shipping to the general public.

The first autonomous Ford vehicles are expected to roll off the assembly line in 2021.