News Industry

Ford Calls New EV Investment 'Largest-Ever'

Order Reprints

Ford Motor Co. says it is making "the largest-ever U.S. investment in electric vehicles at one time by any automotive manufacturer."

The company - along with its partner, SK Innovation - plans to invest $11.4 billion at a "mega-site" in Tennessee and another in Kentucky.

The Tennessee site alone represents an investment of $5.6 million.

Ford will build its electric F-Series vehicles there. The facility also will include a battery plant.

The auto manufacturer intends to create a total of nearly 11,000 new jobs at the Tennessee and Kentucky facilities.

Related Articles

Ford Hits EV Sales Record in June

GM to Boost Investment in Electric, Autonomous Vehicles

You must login or register in order to post a comment.