The second generation of the electric truck is said to be 'like the Millennium Falcon'—whatever that means.
Ford’s second electric pickup truck will be built at its Blue Oval City factory, a $5.6 billion, 3600-acre campus outside Memphis, Tennessee. The new state-of-the-art campus also includes a battery plant as part of a partnership with energy company SK Innovation. Not only are the benefits of all of this said to include simpler, more efficient, and more cost-effective manufacturing processes, but they're claimed to allow Ford to build up to 500,000 EV trucks per year at peak production.
. The increased losses are partly due to the company's big investments in its facilities in Kentucky and Tennessee along with the money its spending on alternate battery chemistries. Of course, Ford understands this is part of the process of expanding its EV division, and it will continue to ramp up production of the Lightning and the Mustang Mach-E.by the end of this year. That would triple the truck's production.
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