Ford closes a $9.63 billion DOE loan to supercharge 3 EV battery factories

In a significant boost for the US EV industry, Ford’s joint venture, BlueOval SK, has closed a $9.63 billion loan from the Department of Energy’s (DOE) Loans Programs Office. The DOE loan will go toward the construction of three state-of-the-art battery manufacturing plants – one in Tennessee and …

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Ford closes a $9.63 billion DOE loan to supercharge 3 EV battery factories

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