Ford Motor Co. is investing nearly $2 billion in Kentucky with the launch of a new electric vehicle that will be available to customers in 2027.

The truck will be assembled at the Louisville Assembly Plant using a new system expected to increase production speeds dramatically.

CEO Jim Farley said on Aug. 11 that in total, the company is investing $5 billion on EV production not only in Louisville, but also at the BlueOval Battery Park in Michigan .

Here's what we know about Ford's investment in Kentucky.

Ford announces 'Model T moment'

Farley previously described the Aug. 11 announcement as a "Model-T moment" for Ford — a reference to the historic vehicle that essentially launched the automaker 120 years ago.

Along with the launch of a new vehicle, Ford is establishing a Univ

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