Ford Motor Company and SK On are making history with a record-breaking $9.63 billion loan from the U.S. Department of Energy. This funding will drive the construction of three massive EV battery manufacturing facilities in Kentucky and Tennessee through their joint venture, BlueOval SK. Expected to deliver over 120 gigawatt-hours of battery capacity annually, these facilities are a cornerstone of the Biden administration's push for domestic EV production. Learn more about this transformative project and its economic impact. #Ford #SKOn #ElectricVehicles #EVManufacturing #BatteryTechnology #BlueOvalSK #SustainableEnergy #CleanEnergyFuture #BidenAdministration #EconomicImpact
