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Ford on track to complete $2B factory overhaul for Fathom EV truck

Ford expects to begin prototype builds of the Fathom EV in the first quarter of 2027.

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Ford is set to complete a $2 billion factory overhaul aimed at producing the Fathom, an all-electric midsize truck, by 2027. The auto giant closed its Louisville Assembly Plant two years ago, opting to transform the facility into a universal production system capable of manufacturing affordable EVs. The new platform, developed by Ford's skunkworks team led by former Tesla executive Alan Clarke, uses a three-branched assembly tree and large single-piece aluminum unicastings to reduce parts and assembly time.

The Fathom will be produced in the first quarter of 2027, with customer vehicles following later in the year. Ford expects to assemble the vehicle 15% faster than the previous models built at the Louisville plant. The company has also nearly tripled the Wi-Fi coverage density in the factory to support the software quality checks required for high-bandwidth, low-latency connectivity.

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