Ford said its combined investment of about $5 billion at the Kentucky assembly plant and Michigan battery plant is expected to create or secure nearly 4,000 direct jobs between the two plants while strengthening the domestic supply chain with dozens of new U.S.-based suppliers.

The $2B Ford investment promises to create a new Universal EV Platform for assembly, bring a new four-door midsize truck EV to Louisville.

Ford Motor Co. CEO Jim Farley, other company executives and local officials today announced a monumental investment by one of Kentucky’s largest employers, a nearly $2 billion commitment that will introduce an innovative manufacturing process at the Louisville Assembly Plant (LAP) to serve as the platform for an all-new,