Ford invests R5.2 billion to build Ranger Plug-in Hybrid in South Africa

Loading player...
GUEST – Neale Hill, President of Ford Motor Company: Africa

The new Ford Ranger Plug-in Hybrid, revealed back in September, will be built right here in South Africa. This follows a R5.2 billion investment to produce the new model at its Silverton plant in Gauteng, as announced at Ford South Africa’s 100 Year Anniversary celebration held at the facility on Tuesday.

The investment also includes the establishment of a new battery pack assembly plant in Silverton, while Ford’s Chassis Plant will be upgraded to accommodate the unique configuration of this model. Production is expected to commence in late 2022, with the hybrid model exported not only to Europe as per the regular Ranger models, but also to new export markets such as Australia and New Zealand.
8 Nov 2023 3PM English South Africa Business News · Investing

Other recent episodes

SA Homeowner growth steady, report finds

Hayley Ivins-Downes from Lightstone Property shares data about home-buying activity in South Africa, which paints an interesting picture about affordability and which specific parts of the country are seeing the most development.
27 Mar 5AM 11 min

INSIDE YOUR POCKET – South Africa’s consumer credit market steady

Data from TransUnion shows that South African credit usage has shown tentative recovery to a more broad-based recovery, with first-time buyers now accounting for just over half of financed purchases. Ayeshaa Hatea, from TransUnion South Africa, explains these findings and more.
27 Mar 5AM 11 min

Pivot Point - Building Africa’s Vaccine Sovereignty

Today on Pivot Point, we spotlight a leader whose work sits at the intersection of science, industrialization, and national security. Dr. Morena Makhoana, the CEO of Biovac, has spent two decades shaping South Africa’s vaccine manufacturing landscape and unpacks that journey.
27 Mar 5AM 25 min

Africa’s Trade Links Strengthen; Future Geopolitical Risks Loom

Data from Standard Bank signalled significant growth in intra-African trade in the past year, showing positive moment towards the continent achieving a successful AfCFTA. However, that picture could be complicated by recent tensions in the Middle East. For more on this let’s listen in to, Philip Myburgh, Head: Trade for…
25 Mar 4PM 12 min