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28 Sep
12:40

Ford makes $11.4 billion investment in US BEVs

Ford and SK Innovation will spend a combined $11.4 billion to create three new plants geared toward the production of battery electric vehicles in the US, Kallanish learns from a company announcement.  About $5.6 billion will be spent to create a site dubbed Blue Oval City in Stanton, Tennessee. Blue Oval City will be a vertically integrated Ford assembly plant for F-series vehicles - notably the top-selling F-150’s electric variant. Ford claims the sit…
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