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

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…