Last week, Ford expanded its new F-150 lineup with the debut of the long-awaited 2021 F-150 Raptor. This isn't the only new F-150 variant in the pipeline, however. For the first time in its model history, Ford will launch a fully-electric F-150, one of several electric trucks that will flood the market over the next few years along with the Rivian R1T, Tesla Cybertruck, Lordstown Motors Endurance, and Hummer EV.

This will be Ford's second EV after the Mach-E SUV. Ford has already started teasing the first-ever electric F-150, which we recently discovered could be called the 2021 Ford E-150, and now we know the timeline for its debut and production start date.

Ford Motor's chief of product platform and operations, Hau Thai-Tang, confirmed the electric F-150 will follow the launch of the Transit EV in the fourth quarter of this year and be "market-ready" during the first quarter of 2022.

This puts the electric F-150 behind its competitors. Rivian is already accepting orders for the R1T and plans to start customer deliveries in June before ramping up production early next year. The Tesla Cybertruck is also expected to start rolling off the production line later this year and Lordstown Motors will start building the electric Endurance truck this year.

In addition, Hau Thai-Tang confirmed the all-electric F-150 will be built at a new plant at the company's Rouge Complex in Dearborn, Michigan, where the BEV F-150 will be built. The electric truck will also be available with the same digital services that Ford expects to offer its commercial customers. Sadly, Hau Thai-Tang didn't share any technical details about Ford's first electric pickup but the Blue Oval automaker has already confirmed it will use a dual electric motor setup with more power and torque than any combustion-powered F-150.