Ford and SK On will receive a $9.63 billion government loan for their BlueOval SK battery joint venture, according to a report Monday from Reuters. The news ups the original loan amount, which was $9.2 billion, reported in June by The New York Times. The Department of Energy loan—the largest so far by the Biden administration related to EV... Ford and SK On get $9.63B government loan for battery plant
Ford and SK On will receive a $9.63 billion government loan for their BlueOval SK battery joint venture, according to a report Monday from Reuters. The news ups the original loan amount, which was $9.2 billion, reported in June by The New York Times. The Department of Energy loan—the largest so far by the Biden administration related to EV...