Ford to construct $5.6B EV truck factory, launching Project T3 in 2025

  • Ford is constructing a $5.6 billion BlueOval City complex outside of Memphis, Tennessee.
  • The complex will include a truck plant capable of producing 500,000 electric vehicles a year.
  • The first vehicle to come off the line will be a next-gen electric truck, code named Project T3, in 2025.
  • BlueOval City will be the epicenter for Ford’s electric vehicle production.
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