(April 12, 2023) OAKVILLE, Ont. — Ford is investing C$1.8 billion ($1.33 billion) in its Oakville (Ontario) Assembly Complex to transform it into a high-volume hub of electric vehicle manufacturing in Canada — a key part of the company’s plan to scale production of electric vehicles and make them more accessible to millions of customers.

The campus, to be renamed Oakville Electric Vehicle Complex, will begin to retool and modernize in the second quarter of 2024 to prepare for production of next-generation EVs. This marks the first time a full-

“Canada and the Oakville complex will play a vital role in our Ford+ transformation. It will be a modern, super-efficient, vertically integrated site for battery and vehicle assembly. I’m most excited for the world to see the incredible next-generation electric and fully digitally connected vehicles produced in Oakville,” said Jim Farley, Ford president and CEO.



The investment allows Ford to repurpose and transform existing buildings into a state-of-the-art facility that leverages Ford of Canada’s skilled and experienced workforce. Ford is taking a diverse strategic approach to transforming its industrial system to expand EV production: building new greenfield sites and also transforming existing manufacturing sites like in Oakville and Cologne, Germany.  

“Ford of Canada has been a leader in the country’s auto industry since it was founded 119 years ago, driven by hard-working, dedicated employees,” said Bev Goodman, president and CEO, Ford of Canada. “As the top-selling auto brand in Canada for 14 straight years, the successful transition to EV production in Oakville will help deliver stable Canadian employment with the opportunity to build the new skills and expertise to drive Ford and the industry forward.”

The current 487-acre Oakville site includes three body shops, one paint building, one assembly building. The transformed campus will feature a new 407,000 square-foot on-site battery plant that will utilize cells and arrays from BlueOval SK Battery Park in Kentucky. Oakville workers will take these components and assemble battery packs that will then be installed in vehicles assembled on-site.