Ford’s battery JV gets $9.2 billion conditional DoE loan in boost to US battery manufacturing

Ford’s battery joint venture with SK On has won a $9.2 billion conditional loan from the US Department of Energy, to help cover the costs of building three gigafactories in Kentucky and Tennessee totalling over 120 gigawatt hours. The loan is the largest given by the department’s Loan Programs Office (LPO), and will help provide […]