Ford Motor Company today announced it will invest $11.4 billion to construct two new manufacturing campuses in Tennessee and Kentucky, which will build the next generation of electric F-Series trucks and batteries for future Ford and Lincoln EV offerings.
The Tennesse plant, dubbed Blue Oval City, will sit on a six square-mile site in Stanton, Tennessee and will employ 6,000 people. Ford says the 3,600 square-foot plant will include a vehicle assembly site, a battery production plant and a supplier park, creating cost efficiencies by reducing shipping times for batteries and other components.
“Blue Oval City will be among the largest auto manufacturing campuses in U.S. history.,” Ford said in a statement released Tuesday. “Like the iconic Rouge complex in Michigan did a century earlier, Blue Oval City will usher in a new era for American manufacturing.”
The Kentucky plant, meanwhile, will be a dedicated battery manufacturing complex operated in partnership with Ford’s battery partner, SK Innovation. This site will be called the BlueOvalSK Battery Park and will include two separate battery manufacturing sites, which will supply battery packs for next-generation Ford and Lincoln EVs. The BlueOvalSK Battery Park will employ around 5,000 people once it reaches full capacity by mid-decade.
Ford says the $11.4 billion investment in the two new plants will be made via BlueOvalSK, a new joint venture partnership formed by Ford and SK Innovation. In a statement, Ford CEO Jim Farley pointed out the figure represents the automaker’s largest production plant investment ever.
“This is our moment – our biggest investment ever – to help build a better future for America,” Farley said. “We are moving now to deliver breakthrough electric vehicles for the many rather than the few. It’s about creating good jobs that support American families, an ultra-efficient, carbon-neutral manufacturing system, and a growing business that delivers value for communities, dealers and shareholders.”
This strategy is evocative of GM’s own strategy for future electric vehicles. The automaker is currently setting up two large battery plants in Ohio and Tennessee through its Ultium Cells joint venture partnership with LG Energy Solution. The automaker’s Factory Zero plant in Michigan is also undergoing a major renovation to produce future EVs, including the GMC Hummer EV Pickup and Chevy Silverado EV.
Ford says production of its next-generation electric vehicles and advanced lithium-ion batteries at its two new plants will begin in 2025.