Ford Motor Company will commence production of a redesigned Ford Transit Custom in the first half of 2023. This new Transit Custom will be all-electric and will share many of its components with the next Volkswagen Transporter. This news comes just a week after Ford announced plans to offer an electrified variant of every commercial vehicle in its European lineup by 2024.

The new Transit Custom, Tourneo Custom and VW Transporter will all be built at Ford’s Kocaeli, Turkey assembly plant. Ford is investing $2.3 billion into the plant to increase production and accommodate battery pack assembly. According to AutoCar, the investment will generate around 3,000 jobs for the plant.

Mild-hybrid, gas and diesel variants of the vans are also expected. A plug-in hybrid variant of the Transit Custom is already offered in Europe.

Ford producing the VW Transporter is another example of the two companies leveraging their new alliance. The alliance calls for Ford to produce certain commercial vehicles for VW. Subsequently, Volkswagen is expected to produce some battery-electric models for Ford in Europe. Rumors have also surfaced that Ford may build VW MEB-based vehicles for itself in Canada.

Neither van is currently sold in North America. It’s unlikely that will chance with these new models. Ford is already spinning up production of its battery-electric E-Transit van in the U.S. The company is also expected to produce a replacement for the Transit Connect in Mexico.