Ford has announced some big news for the F-150. For starters, on Thursday Ford announced the start of production of the 2021 F-150, which will arrive at dealers starting in November. But that’s not the only news, since Ford has also announced that it is investing $700 million in the future of the F-150.
Part of that investment is going to a new Rouge Electric Vehicle Center, which will add 300 jobs. The new jobs will support battery assembly and production of the F-150 PowerBoost hybrid and fully electric F-150. The electric F-150 is slated to arrive in mid-2022.
“We are proud to once again build and innovate for the future here at the Rouge with the debut of our all-new F-150 and the construction of a modern new manufacturing center to build the first-ever all-electric F-150,” said Bill Ford, executive chairman, Ford Motor Company.
Ford has also released some more details about the electric F-150. It will be powered by dual electric motors and Ford says that the electric F-150 will have more horsepower and torque than any F-150 that’s available today. It will also feature new technology that allows it to act as a power source at jobsites or campsites and in the front there will be a big frunk to hold more gear. Ford also estimates that the electric F-150 will have lower running costs than the current gas- and diesel-powered versions.