An Interest In:
Web News this Week
- March 21, 2024
- March 20, 2024
- March 19, 2024
- March 18, 2024
- March 17, 2024
- March 16, 2024
- March 15, 2024
September 27, 2021 11:00 pm
Original Link: https://www.theverge.com/2021/9/27/22696427/ford-ev-battery-factory-tennessee-kentucky-investment
Fordreveals plans for massive EV and battery factories in the US
Ford and South Korean battery manufacturer SK Innovation will spend a combined $11.4 billion to build several new factories in the Tennessee and Kentucky focused on the development and production of electric vehicles and the batteries that power them.
The new facilities represent the first new plants built by Ford, completely from scratch, in over 50 years. The Tennessee plant will be a “mega campus” that houses a vehicle-production facility for Ford’s F-series pickup trucks and a battery assembly division, while the twin factories in Kentucky will manufacture lithium-ion batteries.
The facilities won’t come online until 2025, but Ford CEO Jim Farley says the investment signals the seriousness with which...
Original Link: https://www.theverge.com/2021/9/27/22696427/ford-ev-battery-factory-tennessee-kentucky-investment
Share this article:
Tweet
View Full Article
The Verge
The Verge is an ambitious multimedia effort founded in 2011More About this Source Visit The Verge