Ford plans to build 500,000 EVs annually at its $5.6 billion Tennessee campus
Publishing timestamp: 2023-03-24 09:11:44
Summary
Ford's new plant in Tennessee will have the capacity to produce 500,000 electric vehicles annually, with the first product announced being a next-generation electric truck called "T3." The plant, called BlueOval City, is set to begin production in 2025 and is part of Ford's plan to produce 2 million EVs by 2026. The company is investing $5.6 billion in the plant, including a battery cell plant.
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Keywords: autos, tennessee, ford motor co, business, climate, breaking news: business, transportation, electric vehicles, business news,
Source: https://www.cnbc.com/2023/03/24/ford-tennessee-campus-ev-capacity.html