Tennessee, Kentucky battery plants for Ford electric vehicles on track for $9.2B federal loan – Winnipeg Free Press
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Tennessee, Kentucky battery plants for Ford electric vehicles on track for $9.2B federal loan | Taiwan News
Tennessee, Kentucky battery plants for Ford electric vehicles on track for $9.2B federal loan | 2023-06-24 08:09:45
Source: taiwannews.com.tw
Tennessee, Kentucky battery plants for Ford electric vehicles on track for USD9.2B federal loan
NASHVILLE, Tennessee (AP) – Massive battery plants planned in Tennessee and Kentucky for Ford’s electric vehicles are on track to receive up to a USD9.2 billion federal loan in what would be the biggest award under the US Department of Energy’s loan program since President Joe Biden took office. The money for construction would secure […]
Source: borneobulletin.com.bn
Ford-SK venture to get USD 9.2 billion US loan for battery plants, ET Auto
The US Energy Department announced a low-cost government loan of up to $9.2bn to BlueOval SK, a joint venture between Ford Motor and South Korea's SK On, to fund the construction of three battery plants in Tennessee and Kentucky. The joint venture is building two battery manufacturing plants in Kentucky and one in Tennessee, which are capable of collectively producing over 120 GWh each year, the Energy Department said.
Source: indiatimes.com
Ford Gets $9.2B Department of Energy Loan to Build 3 EV Battery Plants
Ford plans to produce 2 million EVs annually by 2026.
Source: cnet.com