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