Ford has started building a $5.6 billion electric truck plant in Tennessee
Construction of Ford’s new Blue Oval City manufacturing complex in Stanton, Tennessee, is now in full swing following its announcement last September.
The $5.6 billion campus is set to start producing electric trucks and batteries in partnership with Korea’s SK On in 2025.
Construction support has begun to rise from the property for a facility that will cover six square miles and employ 6,000 workers when completed.
“This facility is a blueprint for Ford’s future manufacturing facilities and will enable Ford to help lead America’s transition to electric vehicles,” said Eric Grob, Ford’s new footprint construction manager.
FORD CEO JIM FARLEY Explains Why The Brand Doesn’t Use Electric Just Like GM
The project is supported by an $884 million incentive program from Tennessee, and is expected to create 21,000 additional indirect jobs, according to government officials.
Tennessee Governor Bill Lee called it “the largest single investment in state history.”
Ford CEO Jim Farley said in April that the plant will make the next generation of F-Series electric pickups that are different from the current F-150 Lightning.
In or out: FORD awards the ultimate dealership for electric vehicle sales
Blue Oval City is part of a broader regional electric vehicle investment by Ford that includes a $5.8 billion battery plant in Kentucky.
Ford aims to have the global capacity to build 2 million electric vehicles annually by 2026, which would account for nearly a third of its production, but it has not committed to a timeframe for fully electric vehicles in the United States.
Ford this year divided its business into the Model e division dedicated to electric vehicles and Ford Blue, which focuses on internal combustion engine models and hybrids.
Get your FOX business on the go by clicking here
Farley told the company’s dealers this month that they would only have the option to sell Ford Blue products if they didn’t want to make the investments needed to support electric vehicle sales.