In case you missed it, Ford is making major moves towards an all-electric future. Right now, the automaker is in the process of ramping up its all-electric vehicle manufacturing capacity — so much so, that Ford aims to produce 600,000 EVs globally by the end of 2023.
Ford CEO Jim Farley took to social media to share a video about the process, and to commend the tenacity of his employees. “The Ford team is unstoppable when we set our mind to something,” he wrote. “Watch how we are going to scale up our BEV capacity to 600,000 by the end of 2023 — and that’s just the beginning.”
The @Ford team is unstoppable when we set our mind to something. Watch how we are going to scale up our BEV capacity to 600,000 by the end of 2023 – and that's just the beginning. pic.twitter.com/dfHUJFhTiW
— Jim Farley (@jimfarley98) February 23, 2022
Initially, Ford is focusing its production efforts on three BEVs: the Ford Mustang Mach-E, the Ford E-Transit, and the highly anticipated Ford F-150 Lightning. In terms of volume, the Mach-E is expected to surpass 200,000 annually by 2023 (globally), and the Ford F-150 Lightning is expected to reach 160,000 annually, which is doubled from the initial production volume. The Ford E-Transit has already begun production in the US.
Ford is expected to add new EV models to the roster; however, for the time being the automaker is adopting a similar approach to Tesla and expanding existing, high-demand models rather than developing new concepts. Even still, Ford has already announced the launch of at least one new EV (a small crossover/SUV) in Europe, which will be based on the Volkswagen MEB platform.
Notably, Ford is also focusing efforts on battery production, with investments in three new battery factories in Tennessee and Kentucky.