U.S. Energy Department Finalizes $102 Million Vehicles Manufacturing Loan to Syrah Technologies

U.S. Energy Department Commits $9.2 Billion Loan for Ford-SK Joint EV Battery Project

Climate Change and Emissions, Electric Transmission, Electric Vehicles, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS

The U.S. Energy Department’s Loan Programs Office has announced a conditional commitment of up to $9.2 billion for three manufacturing facilities to supply batteries for Ford Motor Company’s future Ford and Lincoln electric vehicles. The office approved the conditional loan for BlueOval SK LLC, a joint venture of Ford Motor Company and SK On, a…...