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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Ford will invest USD 300 mln to produce all-electric commercial vehicle at its plant in Romania

US carmaker Ford will invest USD 300 million to build a new light commercial vehicle in 2023 at its Craiova Assembly Plant in Romania. The new model will also have an all-electric version due to debut in 2024 – the first all-electric Ford volume vehicle to be built in Romania, the company announced on Tuesday, April 27.

“Ford’s Craiova operations have a strong record of delivering world-class competitiveness and flexibility. Our plan to build this new light commercial vehicle in Romania reflects our continuing positive partnership with local suppliers and the community, and the success of the entire Ford Craiova team,” said Stuart Rowley, president of Ford of Europe.

“Adding an all-electric version in 2024 means Craiova will be our third facility in Europe to build an all-electric vehicle. It follows recent investments this year in the Ford Cologne Electrified Vehicle Center in Germany and Ford Otosan’s Kocaeli plant in Turkey and sends another clear signal that we are on an accelerated path to providing our commercial vehicle customers with a zero-emissions future in Europe,” he added. 

In February, Ford committed that its entire commercial vehicle range will be zero-emissions capable, all-electric or plug-in hybrid, by 2024, with two-thirds of Ford’s commercial vehicle sales expected to be all-electric or plug-in hybrid by 2030.

The new light commercial vehicle also will be equipped with some of Ford's most advanced conventional petrol and diesel engines. These will include, for example, advanced technology diesel engines from Ford’s Dagenham Engine Plant and transmissions will be sourced from Ford Halewood Transmissions Limited, both based in the UK.

Ford’s overall investment in its Romanian manufacturing operations – including the new USD 300 mln investment just announced – is close to USD 2 billion since acquiring the Craiova facility in 2008.

Significant upgrades have been made to Craiova’s vehicle operations in recent years, with more than 600 robots installed to further improve efficiency and quality in the body, stamping, paint, trim and chassis shops. Around 6,000 people are employed in the factory’s vehicle and engine assembly operations.

Craiova’s commitment to electrification goes back to October 2019 with the start of the Puma mild-hybrid production, and the new announcement marks another milestone as Ford is the first manufacturer to announce it will build an all-electric vehicle in Romania. In addition to Puma, Ford Craiova currently builds the Ford EcoSport small SUV and the multi-award-winning 1.0-litre EcoBoost engine.

“This new planned investment in Craiova’s future is a sign of Ford’s hope that the Romanian government will ensure key improvements are delivered to support a competitive manufacturing landscape in the local region, including much-needed upgrades to the transport infrastructure,” said Rowley.

The start date for production of the new vehicle and more product details will be confirmed closer to launch.

editor@romania-insider.com

(Photo source: the company)

Normal
Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Ford will invest USD 300 mln to produce all-electric commercial vehicle at its plant in Romania

US carmaker Ford will invest USD 300 million to build a new light commercial vehicle in 2023 at its Craiova Assembly Plant in Romania. The new model will also have an all-electric version due to debut in 2024 – the first all-electric Ford volume vehicle to be built in Romania, the company announced on Tuesday, April 27.

“Ford’s Craiova operations have a strong record of delivering world-class competitiveness and flexibility. Our plan to build this new light commercial vehicle in Romania reflects our continuing positive partnership with local suppliers and the community, and the success of the entire Ford Craiova team,” said Stuart Rowley, president of Ford of Europe.

“Adding an all-electric version in 2024 means Craiova will be our third facility in Europe to build an all-electric vehicle. It follows recent investments this year in the Ford Cologne Electrified Vehicle Center in Germany and Ford Otosan’s Kocaeli plant in Turkey and sends another clear signal that we are on an accelerated path to providing our commercial vehicle customers with a zero-emissions future in Europe,” he added. 

In February, Ford committed that its entire commercial vehicle range will be zero-emissions capable, all-electric or plug-in hybrid, by 2024, with two-thirds of Ford’s commercial vehicle sales expected to be all-electric or plug-in hybrid by 2030.

The new light commercial vehicle also will be equipped with some of Ford's most advanced conventional petrol and diesel engines. These will include, for example, advanced technology diesel engines from Ford’s Dagenham Engine Plant and transmissions will be sourced from Ford Halewood Transmissions Limited, both based in the UK.

Ford’s overall investment in its Romanian manufacturing operations – including the new USD 300 mln investment just announced – is close to USD 2 billion since acquiring the Craiova facility in 2008.

Significant upgrades have been made to Craiova’s vehicle operations in recent years, with more than 600 robots installed to further improve efficiency and quality in the body, stamping, paint, trim and chassis shops. Around 6,000 people are employed in the factory’s vehicle and engine assembly operations.

Craiova’s commitment to electrification goes back to October 2019 with the start of the Puma mild-hybrid production, and the new announcement marks another milestone as Ford is the first manufacturer to announce it will build an all-electric vehicle in Romania. In addition to Puma, Ford Craiova currently builds the Ford EcoSport small SUV and the multi-award-winning 1.0-litre EcoBoost engine.

“This new planned investment in Craiova’s future is a sign of Ford’s hope that the Romanian government will ensure key improvements are delivered to support a competitive manufacturing landscape in the local region, including much-needed upgrades to the transport infrastructure,” said Rowley.

The start date for production of the new vehicle and more product details will be confirmed closer to launch.

editor@romania-insider.com

(Photo source: the company)

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