Ford’s latest Tennessee plant building 500,000 electric trucks a year
In March 2022, Ford Motor Co, Tennessee, prepares to produce up to 500,000 electric trucks a year at its BlueOval City complex under construction in western Tennessee. According to the automaker, BlueOval City will combine different versions of Ford’s next-generation F-series electric pickup, which the firm names Project T. The Stanton plant northeast of Memphis is part of Ford’s strategy to have an international EV production power of 2 Mn vehicles a year by 2026.?
According to Ford BlueOval City will have a general assembly footprint that is 30% less than that of a traditional community plant, with a higher production capability. Most recent auto plants are structured to create 250,000-300,000 vehicles a year. According to Tesla, starting month of its future electric vehicle plants will be up to 40% less than traditional plants. Ford's Project T pickup, a successor to the recent F150 Lightning, is being formed on a new trustworthy EV truck architecture. The growing demand for low-emission vehicles and government initiatives to drive EV deployment propelling the overall market expansion. In addition, as per the research report of Astute Analytica, the estimated growth graph of the global electric vehicle market will grow at a CAGR of 21.9% in the future.?
Conclusion?
According to suppliers, the latest platform, which holds the inner designation TE1, will also underpin full-size electric SUVs in 2026 that could increase or replace the existing Lincoln Navigator and Ford Expedition. The US$5.6 Bn Blue Oval City Complex, which is being jointly made with Korean partner SK On, also will have a battery plant capable of creating about 40 GWh worth of cells sufficient to give up to half a million EVs a year.?
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