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Ford Announces $3.7 Billion in Midwest EV Plants

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Ford Announces $3.7 Billion in Midwest EV Plants: https://g.foolcdn.com/editorial/images/683312/featured-daily-upside-image.jpg

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The Rust Belt may soon be getting some new shine.

On Thursday, Ford announced a massive initiative to invest $3.7 billion and bring over 6,200 United Auto Workers union jobs to the Midwest as it plans to drastically expand its electric vehicle production capacity. There's only one question: can an electric current flow through rusted metal?

Source Fool.com

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