Ford breaks ground on $5.6B Tennessee EV project

Abstract

The facility, which is on track to be completed in 2025, will create approximately 6,000 jobs when it opens. The construction of electric vehicle factories in the U.S. is expected to increase in coming years, especially due to backing from the federal government. That includes $7.5 billion in funding for battery infrastructure from the Infrastructure Investment and Jobs Act, the recently passed $52 billion CHIPS Act and the Inflation Reduction Act’s EV tax credit. The project team is taking bids for many others. So far, crews have moved 4.6 million cubic yards of soil, laid nearly 370,000 tons of stone and installed more than 4,600 deep foundations.