The USA provided over $9.6 billion in loans to the joint Battery factory of Ford (F.US) and SK On.

AASTOCKS · Dec 16 22:35

The US Energy Department announced on Monday that it has finalized a loan of $9.63 billion to fund the construction of three new Battery manufacturing plants in Tennessee and Kentucky, to a joint venture between Ford Motor (F.US) and South Korean Battery manufacturer SK On.

The joint venture has invested over $11 billion to build three factories totaling 4 million square feet, with plans to begin production at the first factory in Kentucky in 2025 and to start production in Tennessee by the end of 2025.

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美國向福特(F.US)和SK On合資電池廠提供逾96億美元貸款

The USA provided over $9.6 billion in loans to the joint Battery factory of Ford (F.US) and SK On.

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