Ford Investing $11B in Twin Battery Plants, New EV Factory for F-Series Pickups - NewsBreak
By Alexdemarco in Business
Updated 3 years ago
Ford Motor Co. and its partner SK Innovation will invest a combined $11.4 billion to set up pair of battery plants in Kentucky, as well as a new EV assembly plant outside Memphis, the automaker announced Monday evening. The Tennessee complex, which Ford dubbed "Blue Oval City," will produce a...