- Ford to bring electric zero-emission vehicles at scale to
American customers with the largest, most advanced, most efficient
auto production complex in its 118-year history
- Called Blue Oval City, the complex will be constructed on a
nearly 6-square-mile site in west Tennessee and build
next-generation electric F-Series pickups and advanced
batteries
- Moreover, a new BlueOvalSK Battery Park is to be built in
central Kentucky consisting of twin battery plants that will power
a new lineup of Ford and Lincoln EVs
- Ford and SK Innovation plan to invest $11.4 billion and create
nearly 11,000 new jobs – close to 6,000 in Stanton, Tennessee, and
5,000 in Glendale, Kentucky; production of the new electric
vehicles and advanced lithium-ion batteries will begin in 2025
- Three new BlueOvalSK battery plants – two in Kentucky and one
in Tennessee – will enable 129 gigawatt hours a year of U.S.
production capacity for Ford
- These investments build on Ford’s recent announcements that it
will work with Redwood Materials on closed-loop domestic battery
recycling and make a new investment to increase production of the
F-150 Lightning pickup in Dearborn, Michigan, starting next
year
- Ford is investing $90 million in Texas – $525 million total in
the U.S. to train skilled technicians to service connected,
electric zero-emission vehicles
Ford Motor Company is announcing plans to bring electric
vehicles at scale to American customers with two new massive,
environmentally and technologically advanced campuses in Tennessee
and Kentucky that 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 ever 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, strengthening local communities and building on Ford’s
position as America’s leading employer of hourly autoworkers.
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. Ford’s new Tennessee assembly plant is designed to be
carbon neutral with zero waste to landfill once fully
operational.
In central Kentucky, Ford plans to build a dedicated battery
manufacturing complex with SK Innovation – the $5.8 billion
BlueOvalSK Battery Park – 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 Ford Executive Chair Bill Ford.
“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.”
This news comes amid strong demand for the all-new Ford F-150
Lightning truck, E-Transit and Mustang Mach-E electric vehicles,
and is on top of Ford’s recent announcement to expand production
capacity and add jobs at the Ford Rouge Electric Vehicle Center in
Dearborn, Mich.
“This is our moment – our biggest investment ever – to help
build a better future for America,” said Jim Farley, Ford 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.”
Ford’s $7 billion investment is the largest ever manufacturing
investment at one time by any automotive manufacturer in the U.S.
Part of Ford’s more-than-$30 billion investment in electric
vehicles through 2025, this investment supports the company’s
longer-term goal to create a sustainable American manufacturing
ecosystem, and to accelerate its progress towards 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.
“We are proud to be partnering with Ford as they open a new
chapter in automobile history,” said Dongseob Jee, president of
battery business, SK Innovation. “We are excited to be taking this
decisive leap together, as partners, and to bring about our common
vision for a cleaner planet. Our joint venture, BlueOvalSK, will
embody this spirit of collaboration. We look forward to growing our
trust-based partnership by delivering on our market-leading value
proposition, experience and cutting-edge expertise.”
All-new Ford Blue Oval City
Reimagining how electric vehicles – and the batteries that power
them – are designed, manufactured and recycled, Ford is creating an
all-new electric vehicle manufacturing ecosystem.
Blue Oval City will be among the largest auto manufacturing
campuses in U.S. history. Like the iconic Rouge complex in Michigan
did a century earlier, Blue Oval City will usher in a new era for
American manufacturing.
The 3,600-acre campus covering nearly 6 square miles will
encompass vehicle assembly, battery production and a supplier park
in a vertically integrated system that delivers cost efficiency
while minimizing the carbon footprint of the manufacturing process.
The assembly plant will use always-on cloud-connected technologies
to drive vast improvements in quality and productivity. The mega
campus is designed to add more sustainability solutions, including
the potential to use local renewable energy sources such as
geothermal, solar and wind power.
“West Tennessee is primed to deliver the workforce and quality
of life needed to create the next great American success story with
Ford Motor Company and SK Innovation,” said Tennessee Gov. Bill
Lee. “This is a watershed moment for Tennesseans as we lead the
future of the automotive industry and advanced manufacturing.”
Creating approximately 6,000 jobs, Blue Oval City will be a hive
of technical innovation to build next-generation electric F-Series
trucks. This growth opportunity will allow Ford to reach new
customers with an expanded electric truck lineup.
“Blue Oval City’s assembly plant will harness Ford’s global
manufacturing expertise and cutting-edge technologies to deliver
cost efficiencies and the quality that our customers expect,” said
Kumar Galhotra, Ford president, Americas & International
Markets Group. “This will enable Ford to lead in the race to bring
dependable, affordable and advanced electric vehicles to even more
Americans.”
Bigger assembly plant, smaller environmental impact
Despite its size, the assembly plant at Blue Oval City is
designed to have as minimal an impact as possible on the
surrounding environment – and even to generate positive impacts.
The assembly plant’s goal is to have a regenerative impact on the
local environment through biomimicry in design of the facility.
From the start of production in 2025, Ford’s goal is for the
assembly plant to be carbon neutral.
Through an on-site wastewater treatment plant, the assembly
plant aspires 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 localizing the supply chain network,
creating recycling options for scrap and end-of-life vehicles, and
ramping up lithium-ion recycling. Ford believes battery recycling
is essential for the success of an electrified future and has the
potential to offer significant economic benefits as well as help
solve for end-of-life battery recycling.
BlueOvalSK Battery Park
Joining the Ford electric manufacturing revolution is a planned
$5.8 billion, 1,500-acre BlueOvalSK battery manufacturing campus in
Glendale, Ky., which is targeted to open in 2025.
Twin co-located plants will be capable of producing up to 43
gigawatt hours each for a total of 86 gigawatt hours annually.
Together, these American-made batteries will power next-generation
electric Ford and Lincoln vehicles.
Bringing 5,000 new jobs to Kentucky, BlueOvalSK Battery Park
will be centrally located to support Ford’s North American assembly
plants’ footprint.
“We thank Ford Motor Company and SK Innovation for their
investment in Team Kentucky,” said Kentucky Gov. Andy Beshear.
“This is the single largest investment in the history of our state
and this project solidifies our leadership role in the future of
the automotive manufacturing industry. It will transform our
economy, creating a better Kentucky, with more opportunities, for
our families for generations. Our economy is on fire – or maybe
it’s electric. Our time is now. Our future is now.”
Technician investments in Texas and the U.S.
Ford is investing $90 million in Texas alone as part of a $525
million total investment across the U.S. during the next five years
to transform America’s auto technician industry. The investment
will go toward job training and career readiness initiatives for
the current and next generation of technicians. These programs aim
to develop highly skilled technicians and will support Ford’s
growing portfolio of connected electric vehicles.
About Ford Motor Company
Ford Motor Company (NYSE: F) is a global company based in
Dearborn, Michigan, that is committed to helping build a better
world, where every person is free to move and pursue their dreams.
The company’s Ford+ plan for growth and value creation combines
existing strengths, new capabilities and always-on relationships
with customers to enrich experiences for and deepen the loyalty of
those customers. Ford designs, manufactures, markets and services a
full line of connected, increasingly electrified passenger and
commercial vehicles: Ford trucks, utility vehicles, vans and cars,
and Lincoln luxury vehicles. The company is pursuing leadership
positions in electrification, connected vehicle services and
mobility solutions, including self-driving technology, and provides
financial services through Ford Motor Credit Company. Ford employs
about 182,000 people worldwide. More information about the company,
its products and Ford Motor Credit Company is available at
corporate.ford.com.
About SK Innovation & Battery Business
Established as South Korea’s first oil refining company in 1962,
SK Innovation engages in diverse areas of business, including
exploration and production (E&P), batteries, and information
and electronics materials. It owns SK Energy, South Korea’s No. 1
refining company; SK Global Chemical, the leader in the domestic
petrochemical industry; SK Lubricants, a global lubricants company;
SK Incheon Petrochem, a refining and chemical company; SK Trading
International, a trader of crude oils and petrochemicals; and SK IE
Technology, a global information and electronic material solution
company. SK Innovation will split off its battery business on
October 1 as a wholly owned subsidiary to accelerate business
growth and promote corporate value. As part of their management
system, SK Innovation pursues the maximization of happiness for all
stakeholders. It is for this reason that SK Innovation recognizes
the importance of and pays attention to social enterprise, a way to
create social values through business.
For news releases, related materials and
high-resolution photos and video, visit www.media.ford.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210927005809/en/
Martin Gunsberg 313.316.5319 mgunsber@ford.com
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