U.S. Battery Plants for Ford EVs on Track for $9.2B Federal Loan
It would be the biggest award under the program since President Biden took office.
Source: manufacturing.net
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Ford-SK venture to get $9.2bn US loan for battery plants - Business & Finance
WASHINGTON: The US Energy Department plans to lend up to $9.2 billion to a joint venture of Ford Motor and South...
Source: brecorder.com
Tennessee, Kentucky EV Battery Plants on Track for $9.2B Federal Loan
Massive battery plants planned in Tennessee and Kentucky for Ford's electric vehicles are on track to receive up to a $9.2 billion federal loan in what
Source: insurancejournal.com
Tennessee, Kentucky battery plants for Ford electric vehicles on track for USD 9.2B federal loan, ET Auto
Ford is on track to receive the largest award under the US Department of Energy's loan programme since President Joe Biden took office. The up to USD 9.2bn federal loan will fund the construction of enormous battery plants in Tennessee and Kentucky for Ford's incoming electric vehicle range. The project is in a joint venture with SK On, a South Korean battery manufacturer.
Source: indiatimes.com
Ford Gets $9.2B From Department of Energy to Build 3 EV Battery Plants
The conditional loan will help Ford reach its goal to produce 2 million EVs annually by 2026.
Source: cnet.com