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#Ford to get $9+ billion in clean energy loans to build three battery factories in #Kentucky and #Tennessee, covering almost all of the plants’ costs when combined with state subsidies. https://www.nytimes.com/2023/06/22/business/energy-environment/ford-battery-plants-loan.html
The New York TimesFord’s Battery Joint Venture to Get $9.2 Billion Government Loan
Meanwhile, a company from South Korea announces it’ll build a $72 million factory in suburban Atlanta, #Georgia to make #EV battery parts. https://www.wsbtv.com/news/local/henry-county/south-korean-firm-plans-72m-georgia-plant-make-battery-parts-hiring-140/D4NXHCL7IRBBDHV7HQILLLE3XY/
WSB-TV Channel 2 - AtlantaSouth Korean firm plans $72M Georgia plant to make battery parts, hiring 140