Ford announces 11.4B investments on production and battery plants for its EV lineup

Ford announced its plans to invest $11.4 billion in Tennessee and Kentucky for its electric vehicle production line. The OEM’s battery partner SK Innovation will be contributing to the investments as well. The investments will be made via BlueOvalSK, a new joint venture between Ford and SK Innovation—pending definitive agreements, regulatory approvals, etc. With the … Continue reading Ford announces 11.4B investments on production and battery plants for its EV lineup