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<blockquote data-quote="Weather Man" data-source="post: 16894529" data-attributes="member: 137766"><p><h3><a href="https://seekingalpha.com/news/3950832-ford-to-produce-500000-ev-trucks-a-year-at-tennessee-complex?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">Ford to produce 500,000 EV trucks a year at Tennessee complex</a></h3><p><a href="https://seekingalpha.com/symbol/F?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">F -0.52%</a>Now!</p><p></p><ul> <li data-xf-list-type="ul">Ford Motor (NYSE:<a href="https://seekingalpha.com/symbol/F" target="_blank">F</a>) plans to produce 500,000 electric trucks a year at its manufacturing complex in Tennessee, as per multiple published reports which cited the automaker.</li> <li data-xf-list-type="ul">The 3,600-acre Blue Oval City factory campus is central to Ford's (<a href="https://seekingalpha.com/symbol/F" target="_blank">F</a>) efforts to become the top seller in the EV space. Located about 50 miles from Memphis, the facility will feature a battery plant and an auto assembly factory.</li> <li data-xf-list-type="ul">It will start producing Ford's (<a href="https://seekingalpha.com/symbol/F" target="_blank">F</a>) next-generation electric truck in 2025, which will follow the rollout last year of the Ford F-150 Lightning, an all-electric version of its bestselling full-size pickup.</li> <li data-xf-list-type="ul">Ford (<a href="https://seekingalpha.com/symbol/F" target="_blank">F</a>) is among several automakers spending billions of dollars to build EV plants and battery factories across the U.S. In addition to the Tennessee complex, the company is building two battery factories in Kentucky with SK.</li> <li data-xf-list-type="ul">On Thursday, Ford disclosed that its EV business has lost $3B before taxes during the past two years and expects to lose a <a href="https://seekingalpha.com/news/3950274-ford-expects-electric-vehicle-business-will-lose-3b-in-2023" target="_blank">similar amount in 2023</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16894529, member: 137766"] [HEADING=2][URL='https://seekingalpha.com/news/3950832-ford-to-produce-500000-ev-trucks-a-year-at-tennessee-complex?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']Ford to produce 500,000 EV trucks a year at Tennessee complex[/URL][/HEADING] [URL='https://seekingalpha.com/symbol/F?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']F -0.52%[/URL]Now! [LIST] [*]Ford Motor (NYSE:[URL='https://seekingalpha.com/symbol/F']F[/URL]) plans to produce 500,000 electric trucks a year at its manufacturing complex in Tennessee, as per multiple published reports which cited the automaker. [*]The 3,600-acre Blue Oval City factory campus is central to Ford's ([URL='https://seekingalpha.com/symbol/F']F[/URL]) efforts to become the top seller in the EV space. Located about 50 miles from Memphis, the facility will feature a battery plant and an auto assembly factory. [*]It will start producing Ford's ([URL='https://seekingalpha.com/symbol/F']F[/URL]) next-generation electric truck in 2025, which will follow the rollout last year of the Ford F-150 Lightning, an all-electric version of its bestselling full-size pickup. [*]Ford ([URL='https://seekingalpha.com/symbol/F']F[/URL]) is among several automakers spending billions of dollars to build EV plants and battery factories across the U.S. In addition to the Tennessee complex, the company is building two battery factories in Kentucky with SK. [*]On Thursday, Ford disclosed that its EV business has lost $3B before taxes during the past two years and expects to lose a [URL='https://seekingalpha.com/news/3950274-ford-expects-electric-vehicle-business-will-lose-3b-in-2023']similar amount in 2023[/URL] [/LIST] [/QUOTE]
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