Ford plans to invest nearly $2 billion in its Kentucky, US assembly plant to produce electric vehicles with the aim of outcompeting rival models.

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

The automaker said Monday it was investing $5 billion total in its new electric vehicle platform, assembly process and new midsize truck.

This is not a standard factory upgrade. To reduce the cost of manufacturing, Ford has upended the moving assembly line system launched by its founder Henry Ford more than 112 years ago.

LOUISVILLE, Ky. — Ford Motor Co. will invest nearly $2 billion retooling a Kentucky factory to produce electric vehicles that it says will be more affordable, more profitable to build, and will ...

Meanwhile, the Ford Universal EV Production System incorporates an assembly tree with three sub-assemblies that eventually combine instead of the one long conveyor.

Next season, F1 will be powered by the most technically advanced and cleanest engines ever seen in motorsport. How are Red Bull rising to meet the challenge of building a new generation of power unit?

Shop 1950 Ford F1 vehicles for sale at Cars.com. Research, compare, and save listings, or contact sellers directly from 2 1950 F1 models nationwide.

This video dives into how Ford, through Cosworth, created the most successful Grand Prix engine of all time and rewrote F1 history.

Ford is planning to temporarily shut down its Louisville Assembly Plant for over eight months later this year.

The 1950 and 1951 seasons had been run according to the original set of F1 rules laid down by motorsport’s governing body in 1947.