Ford commits $1.8 billion to EV’s
Ford Motor Company of Canada, and Unifor have reached a new globally competitive national labour agreement establishing Ford as the first auto manufacturer in Canada to build fully battery electric vehicles (BEVs) as part of a C$1.8-billion investment.
• Ford of Canada hourly employees ratify a three-year, globally competitive labour agreement
• New agreement includes a C$1.8-billion investment to build new battery electric vehicles at Oakville Assembly Complex
• Operational improvements in the agreement will maximize production flexibility
• Hourly employees receive wage increases, bonuses and other benefits
Based on the collective agreement ratified by employees today, Ford is committing to transform its Oakville Assembly Complex from an internal combustion engine (ICE) site to also become a BEV manufacturing facility, starting in 2024, as well as introducing a new engine program at its Windsor operations.
Employees have also voted in favour of the three-year agreement that enable several operational improvements to increase the efficiency of Ford’s Canadian facilities.
“Working collaboratively with Unifor, and as discussions continue with both the federal and provincial governments, this agreement is an important step toward building a stronger future for our employees, our customers and our communities,” said Dean Stoneley, president and CEO, Ford of Canada.
“By introducing battery electric vehicle production at Oakville Assembly Complex, we are cementing our Canadian operations as a leader in advanced automotive manufacturing.”
