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Ford secures $9.2 billion loan from US Department of Energy to build EV battery facto
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Ford secures $9.2 billion loan from US Department of Energy to build EV battery facto
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26th June 2023, 06:23
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 149,058
 |  Ford secures $9.2 billion loan from US Department of Energy to build EV battery facto The United States government has reaffirmed its commitment to move EV production to its shores instead of relying on foreign entities. The US Department of Energy's Loan Program Office (LPO) has announced a conditional $9.2 billion loan for BlueOval SK (BOSK) — owned by Ford and South Korean battery producer SK On — to build three battery manufacturing plants, Bloomberg reports. https://www.engadget.com/ford-secure...1.html?src=rss |
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