Microvision Inc (MVIS): Don't know if this may affect the MV...

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Re: howardriggin post# 4953

Thursday, 02/18/2021 9:19:33 AM

Thursday, February 18, 2021 9:19:33 AM

Don't know if this may affect the MVIS' deal with FORD

Ford’s $1 Billion Investment in Electric Vehicles

EV Manufacturing in Cologne, Germany
Ford (F) is investing $1 billion in an electric vehicle manufacturing plant in Cologne, Germany. Cologne is Ford’s European headquarters and it has been building cars there since before World War II.

The automaker announced the plan yesterday, adding that it aims to make all its European passenger vehicle offerings electric by 2030. Ford plans to have its first European-built EV ready to sell by 2023. “Our announcement today to transform our Cologne facility is one of the most significant Ford has made in over a generation. It underlines our commitment to Europe and a modern future with electric vehicles at the heart of our strategy for growth,” said Stuart Rowley, President of European Business at Ford.

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