Ford has plans to produce up to 500,000 electric trucks per year at a factory under construction in Stanton, Tennessee, Reuters reports.
The $5.6 billion BlueOval City factory has “a general assembly footprint” that measures lower than typical assembly plants, and ensures “higher production capacity.”
The new plant will produce the next generation of F-series electric pickups. The company is calling it Project T3 and plans to start production “in roughly 30 months,” placing an anticipated date around fall 2025.
The plans were announced at an event held at the factory, during which a video was shown describing the new electric pickup as “the sequel to the F150 Lightning.” Project T3 will be built upon “a new dedicated EV truck architecture,” carrying “the internal designation TE1.”
The plant will also create batteries “producing more than 40 gigawatt-hours worth of cells,” which would be enough for up to half a million EVs per year. The factory is part of Ford’s larger plans of producing 2 million vehicles a year by the end of 2026.