Ford and SK Innovation to invest $11.4B in new U.S. EV and battery plants

Ford and SK Innovation plan to invest more than $11.4 billion to build twin lithium-ion battery plants in central Kentucky and a 3,600-acre campus in west Tennessee called Blue Oval City, creating nearly 11,000 jobs. The campus will include a battery plant, assembly plant for electric F-Series trucks, supplier park, and recycling center.

“Ford Motor and battery supplier SK Innovation plan to invest more than $11.4 billion in new U.S. facilities that will create nearly 11,000 jobs to produce electric vehicles and batteries.”cnbc.com

• 1 source
• cnbc.comFord, battery supplier to spend $11.4 billion to build new U.S. plantsMichael WaylandSep 27, 2021

Summarized from public sources; check the original articles before acting on it.