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Tuesday, September 28, 2021

Ford, SK Innovation to invest $11.4B in US plants for electric F-Series and battery production

Ford Blue Oval City - rendering of manufacturing complex in Tennessee, September 2021Ford and Korean energy company SK Innovation on Monday announced a comprehensive investment plan for electric vehicle and battery production in the U.S. The investment plan totals $11.4 billion and will see the construction of major industrial hubs in Kentucky and Tennessee. Both sites are scheduled to come online by 2025. Approximately $5.6...

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