LOUISVILLE, Ky. (AP) — 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 outcompete rival models.

Ford says it will invest nearly $2 billion to retool a Kentucky plant to produce electric vehicles 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,

Remember the old Henry Ford assembly line? Well, Ford is tossing that out and flipping the whole process on its head. They’re turning their Louisville, Kentucky plant into a high-tech factory that uses more automation and fewer workers to build electric vehicles faster and cheaper.