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June 23, 2023
The US Department of Energy (DOE) has conditionally committed to a $9.2bn loan to a joint venture of Ford and Korean conglomerate, SK On, to build three battery factories, one in Tennessee and two in Kentucky.
June 23, 2023
WASHINGTON — The U.S. Energy Department plans to lend up to $9.2 billion to a joint venture of Ford Motor and South Korea’s SK On to help it build three
June 23, 2023
The Department of Energy has allocated $9.2 billion to a joint venture involving Ford and a Korean company for three plants in Tennessee and Kentucky.
June 23, 2023
The Biden administration is loaning Ford and its partner billions of dollars to help build electric vehicle battery plants.
June 23, 2023
Washington wants to financially support Ford and SK On, announcing a conditional commitment for a loan of up to $9.2 billion. The two companies want to set up three battery manufacturing plants in the US. The latter will be built by Blue Oval SK, a joint venture between Ford and…
June 23, 2023
Energy Secretary Jennifer Granholm revealed the names of six companies she owned shares in as of last month on Friday, after saying she didn't own any individual stocks.
June 23, 2023
The Biden administration is making a massive, unprecedented corporate welfare loan to a private company making car batteries, the Energy Department announced on Thursday.
June 23, 2023
The DOE will loan up to $9.2 billion to a joint venture from Ford Motor Company and SK On to ramp up electric vehicle production in the United States.
June 23, 2023
The battery manufacturing production at Ford’s BlueOval SK (BOSK) facilities received a commitment of $9.2 billion in loans from DOE.
June 23, 2023
Shawn Fain called the $9.2 billion loan an example of the federal government \