Ford confirmed that it will invest 249 million euros to build a new light commercial vehicle in 2023, at its plant in Craiova (Romania), including a fully electric version of it, which will debut in 2024.
With an investment of 249 million euros, Craiova would be the third Ford location in Europe where fully electric vehicles are produced. The investment in Craiova comes in the context of the other investments already announced for the Cologne plant in Germany and the Kocaeli plant in Turkey.
Ford is currently building the two small SUV models in Craiova, Romania: Ford Puma and Ford EcoSport.