The era of the all-electric pickup truck is here, and it doesn’t look to be slowing down any time soon. That includes efforts from GM’s crosstown rival, Ford Motor Company, which recently announced that the company’s next-gen electric pickup model would arrive in 2025.
Ford’s new all-electric pickup is codenamed Project T3, which stands for “Trust The Truck,” and will be produced at Ford’s new BlueOval City production facility currently under construction in West Tennessee. The new truck will serve as the successor to the current F-150 Lightning and rival the Chevy Silverado EV and GMC Sierra EV.
“Project T3 is a once-in-a-lifetime opportunity to revolutionize America’s truck,” said Ford president and CEO, Jim Farley. “We are melding 100 years of Ford truck know-how with world-class electric vehicle, software and aerodynamics talent. It will be a platform for endless innovation and capability.”
Critically, T3 is under developed “in tandem” with the new BlueOval City production facility, where it will be produced with “radical simplicity, cost efficiency and quality technology,” according to Farley. When complete, BlueOval City will span some 3,600 acres and will produce both vehicles and batteries. The facility is the result of a $5.6 billion investment from Ford and SK On, and is set to achieve carbon neutrality, supporting Ford’s goal of powering all of its global production facilities via renewable and carbon-free electricity by 2035.
Once it reaches full production, BlueOval City will have an annual electric-truck production capacity of 500,000 units. Ford hopes to reach an annual global run rate of 2 million EVs by late 2026.
Ford also says that the new production facility will create 6,000 new jobs. In order to fill these new positions, Ford is launching the new BlueOval Learning training program, which will include new STEM programs and curricula for K-12 schools and universities, advanced manufacturing learning opportunities in local schools, post-secondary education partnerships, and technical training, as well as the BlueOval City TCAT, a state-of-the-art training center created thanks to a $40 million investment made by the State of Tennessee.
In the meantime, Ford has also announced that it expects a full-year $3 billion loss for its Ford Model e division in 2023.