This is part of their $1.8 billion investment in Canada.
Ford and Unifor reached a national labour agreement last week.
EV production starts in 2024.
Ford and Unifor were in discussions up until last week when a labour agreement was reached between the two parties. We’d reported a few months ago that the next Ford Edge (and Lincoln Nautilus) were not going to be assembled at Ford’s Oakville plant which left many wondering about the facility’s future.
The globally competitive national labour agreement will make Ford the first automotive manufacturer in Canada to build fully electric vehicles. The understanding involves wage increases for the employees, bonuses and improved working conditions.
Production of the Ford Edge/Lincoln Nautilus is expected to carry on for a few more years and by 2024 will begin churning out EVs.
“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.”