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U.S. DOE finalizes USD 9.63 billion loan for Ford, SK On battery plants
On December 16, the U.S. Energy Department announced it had finalized a direct loan of up to USD 9.63 billion to the joint venture of Ford Motor Co. and SK On Ltd. for the construction of three EV battery plants in Tennessee and Kentucky.
The loan is the largest from the department's Advanced Technology Vehicles Manu....
The loan is the largest from the department's Advanced Technology Vehicles Manu....
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