DEARBORN, Mich. (CBS) Ford Motor Company will marked the start of production of its all-electric F-150 Lightning pickup with a special event at the Rouge Electric Vehicle Center in Dearborn, Michigan.

The event took place Tuesday afternoon and included Ford employees, Lightning customers as well as UAW officials and members of Ford’s management team.

The F-Series pickup has been the best selling truck for 45 years in a row. The Rouge Electric Vehicle Center is an ultra-modern facility within the historic Rouge Complex where Henry Rod first used the assembly line for the Model T.

The Lightning will have an available range of 310 miles and will hit 0-60 mph in under 5 seconds. It will also have a 2,000 pound maximum payload and an estimated 10,000 pound towing capacity. Demand for the pickup has been so great, the 2022 model year is already sold out. Starting price is $39,947 with up to $7,500 in tax credits available according to Ford.

General Motors plans to launch an all-electric version of the Silverado in late 2023. Tesla has plans to build an all-electric pickup called the Cybertruck, but when production will begin is still uncertain. Startup Rivian is also building an all-electric pickup, but deliveries of pre-orders have been pushed back to 2023. Other manufacturers including Toyota also have all-electric plans in the works.