Green Energy: Ford makes largest ever US$11.4bn investment in electric vehicle battery plants
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Ford plans to make the largest ever U.S. investment in electric vehicle production at one time by any automotive manufacturer with an $11.4 billion investment to create a total of 11,000 jobs, a new mega campus in Tennessee and twin battery plants in Kentucky.
Called Blue Oval City, the Tennessee factory will be constructed on a nearly 6-square mile site to manufacture next-generation electric F-Series pickups and advanced batteries from 2025.
Separately, a new BlueOval SK Battery Park consisting of twin battery plants to power a new line-up of Ford and Lincoln EV’s will be built in central Kentucky.
These three new sites sites will enable 129 gigawatts hours a year of US production capacity for Ford with an expectation that around half of the cars it sells by 2030 will be zero emission.
Speaking to its latest EV promises for American customers, Ford executive chair Bill Ford said this is a transformative moment which will see the company lead America’s transition to electric vehicles and usher in a new era of clean, carbon-neutral manufacturing.
This follows Ford’s announcement last week on the first Ford-150 Lightning pre-production units starting to roll out for real-world testing and is on top of its plans to expand production capacity at the Ford Rouge Vehicle Center in Dearborn, Michigan as well as a $90 million investment in Texas to train technicians to service the electro zero-emission vehicles.
The company said it would be making the new investments in collaboration with SK Innovation, a South Korean battery maker.
Ford president and CEO Jim Farley said: “This is our moment – our biggest investment ever – to help build a better future for America.
“We are moving now to deliver breakthrough electric vehicles for the many rather than the few.”
Blue Oval City in Tennessee will be among the largest auto manufacturing campuses in US history – like the iconic Rouge Complex in Michigan did a century earlier, Ford said the site is anticipated to bring in a new era for American manufacturing.
The 3,600-acre campus is set to include vehicle assembly, battery production and a supplier park in a vertically integrated system that delivers cost efficiency, while minimising the carbon footprint of the manufacturing process.
The company highlighted that through an on-site wastewater treatment plant, the assembly plant intends to make zero freshwater withdrawals for assembly processes by incorporating water reuse and recycling systems.
Zero-waste-to-landfill processes will capture materials and production scrap at an on-site materials collection center to sort and route materials for recycling or processing either at the plant or at off-site facilities once the plant is operational.
Ford is collaborating with Redwood Materials, a leading battery materials company, to make electric vehicles more sustainable and affordable for Americans by localising the supply chain network, creating recycling options for scrap and end-of-life vehicles, and ramping up lithium-ion recycling.