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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Entrepreneurship

Entrepreneurship

Ford’s Tennessee facility will produce 500,000 electrified trucks annually.

Creator: COLIN MILEMAN Creator: COLIN MILEMAN
Creator: COLIN MILEMAN Creator: COLIN MILEMAN

Ford Motor Co (F.N.) said Friday that its BlueOval City facility in western Tennessee would create up to 500,000 electrified trucks annually.

Ford’s Project T3 electric truck, built by BlueOval City, will be available in numerous models.

Ford CEO Jim Farley said manufacturing would begin “in around 30 months”—the autumn of 2025—at a facility event Friday.

Ford plans to produce 2 million E.V.s a year worldwide by 2026 at its Stanton factory northeast of Memphis.

At the event, a video called the new electric pickup “the sequel to the F150 Lightning,” built near Ford headquarters in Dearborn, Michigan, and based on the standard combustion-engine F-series pickups.

Ford says BlueOval City will feature a 30% less general assembly footprint and higher production capacity than a typical assembly facility. Most auto facilities can produce 250,000–300,000 cars each year.

This month, Tesla (TSLA.O) said its future electric vehicle facilities would be 40% smaller.

Ford’s Project T3 pickup uses a revolutionary EV vehicle architecture.

Suppliers say the TE1 platform will underlie full-size electric SUVs in 2026 that might replace the Ford Expedition and Lincoln Navigator.

A battery facility manufacturing more than 40 gigawatt-hours of cells would provide up to half a million EVs annually at the $5.6 billion BlueOval City complex, constructed with Korean partner SK On.


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