Ford Motor Co. recently announced plans to bring electric vehicles at scale to American customers with two new environmentally and technologically advanced campuses in Tennessee and Kentucky. The facilities will produce the next generation of electric F-Series trucks and the batteries to power future electric Ford and Lincoln vehicles. Ford plans to make the largest U.S. investment in electric vehicles at one time by any automotive manufacturer and, together with its partner, SK Innovation, plans to invest $11.4 billion and create nearly 11,000 new jobs at the Tennessee and Kentucky mega-sites.
An all-new $5.6 billion mega campus in Stanton, Tenn., called Blue Oval City, will create approximately 6,000 new jobs and reimagine how vehicles and batteries are manufactured. Blue Oval City will become a vertically integrated ecosystem for Ford to assemble an expanded lineup of electric F-Series vehicles and will include a BlueOvalSK battery plant, key suppliers, and recycling. The plant is reportedly designed to be carbon neutral with zero waste to landfill once fully operational.
In central Kentucky, Ford plans to build the $5.8 billion BlueOvalSK Battery Park, a dedicated battery manufacturing complex with SK Innovation, creating 5,000 jobs. Twin battery plants on the site are intended to supply Ford’s North American assembly plants with locally assembled batteries for powering next-generation electric Ford and Lincoln vehicles. Investments in the new Tennessee and Kentucky battery plants are planned to be made via BlueOvalSK, a new joint venture to be formed by Ford and SK Innovation, subject to definitive agreements, regulatory approvals, and other conditions.
“This is a transformative moment where Ford will lead America’s transition to electric vehicles and usher in a new era of clean, carbon-neutral manufacturing,” said Bill Ford, executive chair. “With this investment and a spirit of innovation, we can achieve goals once thought mutually exclusive—protect our planet, build great electric vehicles Americans will love and contribute to our nation’s prosperity.”
Part of Ford’s 30 billion+ investment in electric vehicles through 2025, these plants support the company’s longer-term goal to create a sustainable American manufacturing ecosystem, and to accelerate its progress toward achieving carbon neutrality, backed by science-based targets in line with the Paris Climate Agreement. Overall, Ford expects 40% to 50% of its global vehicle volume to be fully electric by 2030.
“This is our moment—our biggest investment ever—to help build a better future for America,” said Jim Farley, president and CEO. “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.”
Learn more about Ford at www.ford.com. Additional information about SK Innovation is available at http://eng.skinnovation.com.