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Ford Motor Co. announced that it will invest $100 million and create 150 new jobs at its Kansas City Assembly Plant in Claycomo to produce an all-electric version of the Transit van.
The electric Transit will be revealed Thursday and is expected to hit the market in late 2021.
Ford (NYSE: F) already invested $300 million in its Kansas City plant in the past year to produce the all-new 2021 F-150. The additional $100 million to make the electric Transit is part of an $11.5 billion companywide investment…