Ford Motors, facing an onslaught of competition for its new battery-powered F-150 pickup, unveiled the high-tech factory that will produce the electric truck using self-driving transport sleds and robots collaborating with human workers.
The plant is going up inside Ford’s 92-year-old Rouge complex in Dearborn, Michigan, and will be the “most advanced facility we’ve got in the world”, manufacturing chief Gary Johnson told reporters in a briefing on Wednesday. The autonomous sleds will transport truck bodies from one station to the next, while robots will help to assemble the vehicles. The factory is scheduled to be completed next summer and begin building prototype electric F-150s.
Ford is spending $700 million (Dh2.57bn) to overhaul its Rouge complex as it wages a pitched battle to maintain decades of dominance in the pickup section of the market. Today, it began building a redesigned version of its gasoline-fueled F-150, the company’s biggest money maker. Though it sold almost 900,000 F-Series trucks last year, Ford is playing catch-up with more recently revamped versions of its primary rivals: Fiat Chrysler Automobiles' Ram and General Motors’ Chevrolet Silverado.
The second-largest US automaker also is seeking to stake a substantial claim to the emerging market for electric trucks, which has seen a rash of new entrants, including Tesla’s Cybertruck, Rivian Automotive’s R1T and Nikola Corporation’s Badger.
Ford said its electric truck, set to go on sale in 2022, will be the fastest and most powerful pickup it has ever produced. The car maker cast its competitors as “lifestyle trucks”, saying the electric F-150 will double as a mobile generator capable of powering a job site or the driver’s home.
“This isn’t a gimmick,” chief operating officer and future chief executive Jim Farley was scheduled to say during a ceremony at the plant on Thursday. “It’s a workhorse, not a showhorse destined for a shiny garage filled with four other luxury cars.”
The automaker’s research found “very substantial demand” that “focused on the work customer”, Kumar Galhotra, Ford’s president of the Americas and international markets, told reporters on Wednesday. “It was enough for us to make this investment both in the product as well as the factory.”
The new 500,000 square-foot Rouge Electric Vehicle centre will create 300 new jobs and also produce a gasoline-electric hybrid version of the F-150 that will go on sale sooner than the electric truck.
The two electrified models represent the future of the F-Series, according to the company.
“It sets the Rouge up with a long-term vision with new technology and battery-electric products with our most important vehicle,” Mr Johnson said.
Ford shares pared a gain of as much as 1 per cent to trade up 0.4 per cent to $7.04 as of 5:43pm UAE time on Thursday evening.
Bournemouth 0
Manchester United 2
Smalling (28'), Lukaku (70')
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
Arabian Gulf League fixtures:
Friday:
- Emirates v Hatta, 5.15pm
- Al Wahda v Al Dhafra, 5.25pm
- Al Ain v Shabab Al Ahli Dubai, 8.15pm
Saturday:
- Dibba v Ajman, 5.15pm
- Sharjah v Al Wasl, 5.20pm
- Al Jazira v Al Nasr, 8.15pm
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
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THE APPRENTICE
Director: Ali Abbasi
Starring: Sebastian Stan, Maria Bakalova, Jeremy Strong
Rating: 3/5
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
If you go
- The nearest international airport to the start of the Chuysky Trakt is in Novosibirsk. Emirates (www.emirates.com) offer codeshare flights with S7 Airlines (www.s7.ru) via Moscow for US$5,300 (Dh19,467) return including taxes. Cheaper flights are available on Flydubai and Air Astana or Aeroflot combination, flying via Astana in Kazakhstan or Moscow. Economy class tickets are available for US$650 (Dh2,400).
- The Double Tree by Hilton in Novosibirsk ( 7 383 2230100,) has double rooms from US$60 (Dh220). You can rent cabins at camp grounds or rooms in guesthouses in the towns for around US$25 (Dh90).
- The transport Minibuses run along the Chuysky Trakt but if you want to stop for sightseeing, hire a taxi from Gorno-Altaisk for about US$100 (Dh360) a day. Take a Russian phrasebook or download a translation app. Tour companies such as Altair-Tour ( 7 383 2125115 ) offer hiking and adventure packages.
THE SPECS
Engine: 2.0-litre four-cylinder turbo
Transmission: eight-speed automatic
Power: 258hp at 5,000-6,500rpm
Torque: 400Nm from 1,550-4,400rpm
Fuel economy, combined: 6.4L/100km
Price, base: from D215,000 (Dh230,000 as tested)
On sale: now
EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5