Ford Venture Gets Record $9.2 Billion Government Loan for EV Batteries

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LPO Announces Conditional Commitment for Loan to BlueOval SK to Further Expand U.S. EV Battery Manufactur....

Announcing a conditional commitment for a loan of up to $9.2 billion to BlueOval SK LLC for the construction of three manufacturing plants to produce batteries for Ford Motor Company’s future Ford...

FORD | Department of Energy

In September 2009, the Department of Energy issued a $5.9 billion loan to the Ford Motor Company to upgrade 13 facilities in Illinois, Kentucky, Michigan, Missouri, New York, and Ohio. The...

At Ford, Government Is Now Job One - WSJ - The Wall Street Journal

Remember when Ford’s slogan was “Quality is Job One”? Those were the days. Now pleasing the government is job one as the Detroit auto maker shovels up taxpayer subsidies to fuel its government-mandated electric-vehicle transition. On Thursday the Energy Department awarded Ford a $9.2 billion loan for three battery plants in the South, which ranks as the biggest “investment” in the loan program’s nearly 20-year history. This is the shop that under Barack Obama doled out billions to Solyndra, Fisker Automotive and A123 Systems, among ...

Ford Gets $9.2 Billion Loan To Expand Electric Vehicle Manufacturing

The loan was given to Ford for three battery plants in Kentucky and Tennessee.

Ford receives $9.2 billion government loan for EV battery factory projects

Ford will receive $9.2 billion in government loans to help fund three EV battery factories in the US. The Energy Department program aims to support advanced manufacturing and EV production.

How Much Car Dealers Like GM and Ford Are Increasing Loan Payments

It's a good time to consider Subaru, Toyota, and Kia, and perhaps hold off on that new Chevy or Ford due to car loan cost increases.

Ford-SK venture to get $9.2 billion US loan for battery plants | Reuters

In September 2009, Ford was awarded a $5.9 billion low-cost government loan from the same program, an important source of liquidity in the aftermath of the global financial crisis. It...

Ford accelerates electric car production with UK Government support - GOV.UK

Citibank Europe PLC were the sole coordinator and agent on the loan to Ford. There were six participant lenders who all have an equal share in the facility. International Trade Secretary...

Biden’s $9.2 Billion Ford Loan Is Aimed at China - Bloomberg

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