DETROIT (

TheStreet

) --

Ford

(F) - Get Report

said it will build three electric cars at its retooled Michigan Assembly Plant in Wayne, Mich.

The plant, which once made large SUVs, has undergone a $550 million conversion in order to manufacture the Ford Focus. Ford said three hybrid or electric versions will follow.

"For years, I had this vision of a green Ford Motor Company, but we didn't have the technology before," Ford Executive Chairman Bill Ford told reporters Tuesday, according to

The Detroit Free Press

. "Now we are electrifying mainstream vehicles."

Ford's redesigned Focus will be followed by a battery-powered Focus Electric in 2011 and by two hybrid vehicles in 2012,

The Free Press

reported.

-- Written by Ted Reed in Charlotte, N.C.

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Ted Reed