Ford hopes to turn its California Electric Vehicle Development Center into a talent center

Ford plans to transform its development center in Long Beach, California into a talent hub, which will be responsible for developing the next generation electric vehicle platform. Ford aims to introduce lower-priced electric vehicle products to attract consumers. It is expected that this 250,000 square foot development center will be operational early next year, with approximately 450 employees. Ford's first affordable electric vehicle is expected to be launched by the end of 2026. The team moving into the Long Beach center is led by CEO Jim Farley, with the goal of making products using this platform profitable in the first year of launch. This team closely collaborates with Ford's Greenfield Lab in Palo Alto, California, and the Ford Product Development Center in Dearborn, Michigan