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Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"The US Department of Energy (DOE) plans to loan $9,2 billion to the joint venture BlueOval SK between Ford Motor and South Korean battery maker SK On for its battery plants in Kentucky and Tennessee. A massive loan that nearly matches the $11,4 billion the companies themselves are investing in the project.It marks the most […]<\/p>\n","protected":false},"author":13,"featured_media":136496,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[2043,16,8,4],"tags":[],"class_list":["post-136491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-industry","category-product","category-top-stories-today"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?fit=1442%2C804&ssl=1",1442,804,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?fit=300%2C167&ssl=1",300,167,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?fit=640%2C357&ssl=1",640,357,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?fit=640%2C357&ssl=1",640,357,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?fit=1442%2C804&ssl=1",1442,804,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?fit=1442%2C804&ssl=1",1442,804,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?fit=18%2C10&ssl=1",18,10,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?fit=560%2C312&ssl=1",560,312,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?resize=1442%2C240&ssl=1",1442,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?resize=1442%2C180&ssl=1",1442,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?resize=1442%2C180&ssl=1",1442,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-23-om-11.55.06.png?resize=1442%2C180&ssl=1",1442,180,true]},"post_excerpt_stackable_v2":"
The US Department of Energy (DOE) plans to loan $9,2 billion to the joint venture BlueOval SK between Ford Motor and South Korean battery maker SK On for its battery plants in Kentucky and Tennessee. A massive loan that nearly matches the $11,4 billion the companies themselves are investing in the project.It marks the most significant direct government support for an automotive company since the bailouts during the Great Recession. It is the largest single loan the Department of Energy has ever made.This content has been archived. Log in or Subscribe to a level that has access to archived content.<\/p>\n","category_list_v2":"Energy<\/a>, Industry<\/a>, Product<\/a>, Top Stories Today<\/a>","author_info_v2":{"name":"Tony Verhelle","url":"https:\/\/newmobility.news\/en\/author\/toverbel\/"},"comments_num_v2":"0 comments","yoast_head":"\nFord-SK battery joint venture to get historic $9,2 billion loan - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2023\/06\/23\/ford-sk-battery-joint-venture-to-get-historic-92-billion-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ford-SK battery joint venture to get historic $9,2 billion loan - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"The US Department of Energy (DOE) plans to loan $9,2 billion to the joint venture BlueOval SK between Ford Motor and South Korean battery maker SK On for its battery plants in Kentucky and Tennessee. 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