Ford invests $5B in Kentucky and Michigan plants for new 'affordable' electric pickup truck production

Ford’s president and CEO offered an inside look at the auto company’s biggest manufacturing change since the Model T, while spotlighting a multi-billion-dollar bet on America’s supply chain."We're announcing... $5 billion of new investments here in Kentucky and Michigan, to build a radically new vehicle," Jim Farley said on FOX Business "Varney & Co." Monday."And we're going to build it completely different than Henry Ford's moving assembly line."FEDERAL JUDGE ORDERS TRUMP ADMIN TO RELEASE E.V. FUNDS SIGNED BY BIDEN TO STATESOn Monday, the Michigan-based motor company announced it would be