Posted on 03/26/2023 7:39:40 PM PDT by lowbridge
Ford Motor's new plant being constructed outside Memphis, Tennessee, will be capable of building 500,000 electric vehicles annually at full production, the company said Friday.
The first and only product to be announced thus far for the "BlueOval City" plant is a next-generation electric truck, which Ford has code-named "T3," short for "TrustTheTruck."
"Project T3 is a once in-a-lifetime opportunity to revolutionize America's truck," Ford CEO Jim Farley said Friday in a release. "It will be a platform for endless innovation and capability."
Additional products using Ford's next-generation EV architecture could be produced alongside the truck, however a company spokesman declined to comment on future product plans for the plant.
Ford and South Korea-based battery supplier SK On are investing $5.6 billion in the BlueOval City campus, including a large battery cell plant. Production at the plants is on track to begin in 2025, Ford said Friday.
(Excerpt) Read more at cnbc.com ...
As they’re loosing $3B towards EV investment.
It’s all about garnishing the most fed incentive dough that they can promote.
They can lose another $3 billion on top of the $3 billion they already lost.
Ford can build as many EV’s as they want, I ain’t buying. And that goes for GM and Chrysler too.
attaboy....double down on stupid there, Ford.
They WILL NOT SELL that many.
I would get up early, to stand in a long line in order to not buy one.
Good luck selling these in cold weather states.
As they’re (loosing ) $3B towards EV investme
losing………..
Talk about wasting resources
LOL
Memphis?
Man this is going to be great for Tennessee.
Until it isn’t. Kind of funny since the story goes that a lot of blacks went north in the 30’s, 40’s and 50’s to Detroit (and Chicago and Milwaukee?) for jobs in factories.
Now that a lot of blacks are up there and all established, Ford is moving the new jobs and the newest factories away from where the workers are.
There has to be more to this story from this perspective. I wonder if any real journalist is working on it.
.
If they’re building that many, someone told them they’ll be mandated by Law.
.
Don’t forget Toyota and Honda!
.
First the Law mandating a percentage production of EVs, then and only then..
A second law saying you have to pay $8G to $10G when you trade in or relinquish your EV for disposal of toxic materials.
And they want driving to be very expensive, because their plans depend on you being on Mass Transit.
.
Fed Gov mandates for CAFE standards are forcing automakers to make EV’s to get their mileages up. It’s all a bunch of political BS. To my knowledge, Toyota is the only automaker that is not bowing down to this kind of pressure.
My next truck will be a Tundra. Hopefully by the end of the year.
“They WILL NOT SELL that many”.
I would not bet against you.
The market will not be there. We’re sinking.
All the manufacturers are doubling down on stupidity and the politicians are destabilizing the economy so few can afford them and many don’t want them
Next and possibly last vehicle will most likely be a Toyota product with ICE.
I’ll keep the trucks as long as I can get fuel.
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