Ford is making advancements to keep up with the high demand of parts in their factories. Ford reported that they lost a little over $3 billion earlier this year due to a shortage of certain car parts and their investment in the startup company Rivian. To help the shortage of car parts, specifically the semiconductor chips, they are investing $3.7 billion dollars in new employees within Michigan, Missouri, and Ohio.
They plan to add 6,200 unionized jobs to work in their factories between now and 2026 and make approximately 3,000 part time employees’ full time. Various factory locations in Ohio are having jobs created to help build their newest vehicle that has not been announced yet. Another factory in Missouri will have more jobs to help create electric and ICE engine vehicles. The Michigan locations will have 2,000 jobs created just at the assembly pants and then 1,200 at other locations.
Auto companies are trying to keep up with the demand of electric vehicles now that the market is steadily rising. Companies, like Ford, are investing in programs to make EV charging more readily available to its drivers. The federal government and numerous states have goals regarding climate change and electric vehicles. The Biden Administration is putting federal funding into the EV charging infrastructure by allotting money for each state to help influence the amount of public EV charging stations. There are lots of plans to add more public charging along highways, have grants, rebates and incentives for companies converting to electric vehicles or adding charging stations to their facilities.