GLENDALE, Ky. (AP) — Ford and a partner company say they plan to build three major electric-vehicle battery factories and an auto assembly plant by 2025.
It's a dramatic investment in the future of EV technology that will create an estimated 10,800 jobs and shift the automaker’s future manufacturing footprint toward the South.
We are excited to announce that @Ford & SK Innovation will invest $5.6 billion to build a 3,600-acre campus on the Memphis Regional Megasite — creating 5,800 new jobs. This is the largest project in Ford's history, & this historic investment will be transformational for West TN.
— Gov. Bill Lee (@GovBillLee) September 27, 2021
The factories will be built on sites in Kentucky and Tennessee. They will make batteries for the next generation of Ford and Lincoln electric vehicles that will be produced in North America.
Combined, they mark the single largest manufacturing investment the 118-year-old company has ever made and are among the largest factory outlays in the world.
