Ford-SK venture to get $9.2 billion US loan for battery plants
The conditional commitment for the low-cost government loan for the BlueOval SK joint venture comes from the government's Advanced Technology Vehicles Manufacturing (ATVM) loan program.
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The conditional commitment for the low-cost government loan for the BlueOval SK joint venture comes from the government's Advanced Technology Vehicles Manufacturing (ATVM) loan program.
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
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The battery manufacturing production at Ford’s BlueOval SK (BOSK) facilities received a commitment of $9.2 billion in loans from DOE.
Shawn Fain called the $9.2 billion loan an example of the federal government \