Ford receives massive $9.2B loan to boost US EV battery capacity

Ford Motor is set to receive the single largest loan in the history of the Department of Energy’s (DOE) Loan Program Office. The whopping $9.2 billion will be used to build three EV battery factories as Ford looks to boost domestic capacity. more… The post Ford receives massive $9.2B loan to boost US EV battery capacity appeared first on Electrek.Brought to you by: EV Driven

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