SK On-Ford JV BlueOval SK to get $9.2 billion US loan for battery plants

The US Department of Energy (DOE) said on Thursday it intends to loan up to $9.2 billion to a joint venture between Ford and SK On for the construction of three manufacturing plants to produce batteries for Ford Motor Company’s future Ford and Lincoln electric vehicles. BlueOval SK, joint venture between Ford and SK, is expected to […]