Ford Qualifies For $9.2 Billion DOE Loan To Build 3 US Battery Factories
Ford and SK On have received a conditional loan approval from the DOE Loan Program Office in the amount of $9.2 billion.
Source: cleantechnica.com
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Biden is lending billions to Ford to help America win the EV race with China
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.
Source: yahoo.com
Largest U.S. automaker loan since 2009 is meant to help Ford beat China on EVs
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.
Source: autoblog.com
Ford receives $9.2 billion loan from US Department of Energy to build EV battery factories
It's the biggest loan yet from the US Department of Energy's Loan Program Office..
Source: engadget.com
With $9.2 Billion Loan, Ford-SK Battery JV Steps Up Electrification Plans
Three BlueOval SK battery plants will employ 7500 people when they open in 2025.
Source: yahoo.com