Ford's $5.6-Billion Blue Oval City Will Transform The Electric Car Landscape - NewsBreak

Home > Business
By Olachi in Business
Updated 2 years ago

Ford is making big moves in the battery-electric vehicle space, and we're not just referring to new models like the Mustang Mach-E and F-150 Lightning. The company is looking at not only building great EVs but also said it would better manage the recycling of EV batteries with Redwood Materials. Building upon that announcement, Ford has announced that it will lead America's transition to EVs with a massive production complex in Tennessee called Blue Oval City, along with twin battery plants in Kentucky. Together with SK Innovation, Ford's investment works out to $11.4 billion and will create almost 11,000 new jobs.

ford-s-5-6-billion-blue-oval-city-will-transform-the-electric-car-landscape-newsbreak