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The Independent UK
The Independent UK
National
Jonathan Mattise

Tennessee, Kentucky battery plants for Ford electric vehicles on track for $9.2B federal loan

Ford Kentucky Tennessee electric vehicle BlueOval SK the Department of Energy Joe Biden Shawn Fain Lincoln Microvast
Copyright 2021 All rights reserved

Massive battery plants planned in Tennessee and Kentucky for Ford's electric vehicles are on track to receive up to a $9.2 billion federal loan in what would be the biggest award under the U.S. Department of Energy's loan program since President Joe Biden took office.

The money for construction would secure a sizable chunk of funding for Ford's big electric vehicle swing in the two states.

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