Company Info
Ford-SK venture to get USD 9.2 billion U.S. loan for EV battery plants
On June 22, the head of the U.S. Energy Department's Loan Programs Office, Jigar Shah, announced that the department plans to loan USD 9.2 billion to the joint venture between Ford Motor Co. and South Korean battery maker SK On Co. for its battery plants in Kentucky and Tennessee, an amount that nearly matches the US....
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