- General
- September 17, 2020
- 4 minutes read
Ford Breaks Ground On New EV Factory
Photo credit: Ford American automaker Ford has broken ground on a new manufacturing facility that’ll be responsible for the production…
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| Photo credit: Ford |
American automaker Ford has broken ground on a new manufacturing facility that’ll be responsible for the production of the all-electric version of its popular F-150 pickup that’s set for production by mid-2022. Ford is investing $700 million to build and equip a new manufacturing center that’ll cater to mass production of the all-electric F-150. As a result, the automaker will add 300 new battery and production jobs at the new facility, which is located in the city of Dearborn, Michigan.
The Ford F-Series has long maintained the status of a best-selling vehicle in the US and Ford is apparently looking to continue that stride but in line with its plan to transition towards electrification. The F-Series has been a best-selling truck in the U.S. for over four decades running, contributing $42 billion to Ford’s annual revenues in 2019 alone. As more people transition towards electric vehicles, it’s no surprise that Ford is investing heavily to produce an all-electric version of the F-Series to help maintain its stronghold on the US pickup market. Ford is seeking to start selling the all-electric F-150 to customers by 2022, at a timeframe when other electric carmakers such as Rivian and Tesla are also looking to debut their own electric trucks. For example, Rivian, which counts Ford as one of its major backers, is aiming to begin shipping its first electric pickups by early next year. Likewise, Tesla is looking to begin shipping its Cybertruck by late next year.
Ford says the all-electric F-150 will feature dual electric motors that’ll deliver more horsepower and torque than any other F-150 currently available. Among the vehicle’s other notable features include new technology that allows owners to use their trucks as a power source for external equipment and a front trunk that allows for more cargo carriage.
Alongside the all-electric F-150, Ford will also produce a hybrid version for customers not willing to transition to a fully electric model.
