Ford’s new Tennessee plant aims to build 500,000 electric trucks a year

According to Ford Motor (NYSE:F) Co, which is now building BlueOval City in western Tennessee, the carmaker intends to produce up to 500,000 electric trucks annually.

Ford’s Project T, the company’s next-generation electric truck, will be made in a number of iterations in BlueOval City.

The Stanton plant northeast of Memphis is part of Ford’s plan to have a global EV production capacity of 2 million vehicles a year by the end of 2026.

With a higher production capacity, Ford claims BlueOval City’s general assembly footprint will be 30% lower than that of a conventional assembly facility. Most modern auto facilities are built to produce between 250,000 and 300,000 cars annually.

Earlier this month, Tesla (NASDAQ:TSLA) stated that its upcoming factories for electric vehicles would be up to 40% smaller than those for conventional vehicles.

Ford is creating the Project T pickup, a replacement for the F150 Lightning, on a brand-new architecture specifically designed for electric trucks.

In addition to supporting full-size electric SUVs in 2026 that might supplement or replace the present Ford Expedition and Lincoln Navigator, suppliers have stated that the new platform, internally known as TE1, will also support such vehicles.

The $5.6 billion BlueOval City project, which was created in partnership with the Korean company SK On, will also include a battery manufacturing facility that can produce enough battery cells to power up to 500,000 EVs annually, or around 40 gigawatt hours.