Mon, December 16, 2024
[ Mon, Dec 16th 2024 ]: The Verge
Arm CEO Rene Haas on the AI chip race, Intel, and what Trump means for tech
[ Mon, Dec 16th 2024 ]: inc42
Zomato's Business Finance Head Hemal Jain Quits
[ Mon, Dec 16th 2024 ]: The Hill
Canada's finance minister resigns as unpopular Trudeau faces biggest test of his political career
[ Mon, Dec 16th 2024 ]: Rolling Out
A specialist's challenge balancing career and finances
[ Mon, Dec 16th 2024 ]: Kiplinger
Honeywell Is the Best Dow Stock on Spinoff Speculation
[ Mon, Dec 16th 2024 ]: bnnbloomberg
Justin Trudeau's cabinet bleeds star power on day of key economic update
[ Mon, Dec 16th 2024 ]: Kiplinger
What's Behind Ford Stock's New Sell Rating?
[ Mon, Dec 16th 2024 ]: The Jerusalem Post Blogs
A conversation with Brock Pierce: Cryptocurrency pioneer, philanthropist, and friend of Israel
[ Mon, Dec 16th 2024 ]: Seeking Alpha
Lesaka Technologies: Recent News Bolsters The Bull Case
[ Mon, Dec 16th 2024 ]: business-live
North East deals of the week: key contracts, acquisitions and investments
[ Mon, Dec 16th 2024 ]: Pensions&Investments
TCW's Katie Koch says firm entering private real estate debt market
[ Mon, Dec 16th 2024 ]: Daily Express
Rachel Reeves tanked UK economy - and it's set to get even worse in December
[ Mon, Dec 16th 2024 ]: Yahoo Finance
Work trends like AI are forcing Asian professiona .. pt, and fast: 'The pace of change is speeding up'
[ Mon, Dec 16th 2024 ]: Global Finance
Making AI Pay Off in Global Banking
[ Mon, Dec 16th 2024 ]: Tuko
Raimond Molenje Takes Helm as Kenya Bankers Association CEO, Effective December 2024
[ Mon, Dec 16th 2024 ]: Business Line
Share Market Highlights: Sensex dips 384 points, Nifty settles below 24,700; India VIX up 7%
[ Mon, Dec 16th 2024 ]: MoneyWeek
What a delay in the government's pension review could mean for your money?
[ Mon, Dec 16th 2024 ]: The New York Times
Are Tariffs Inevitable?
[ Mon, Dec 16th 2024 ]: Express & Star
Start Up Loans programme has positive impact on small business survival
[ Mon, Dec 16th 2024 ]: Khaleej Times
Mining Grid: Shaping the future of the mining landscape and trends for 2025
[ Mon, Dec 16th 2024 ]: Channel NewsAsia Singapore
Income could still find other buyers but investor .. tious, say analysts after Allianz withdraws offer
[ Mon, Dec 16th 2024 ]: fox6now
Personal finance expert breaks down the No. 1 rule on the road to becoming a millionaire
[ Mon, Dec 16th 2024 ]: WTOP News
2024 was big for bitcoin. States could see a crypto policy blitz in 2025 in spite of the risks
[ Mon, Dec 16th 2024 ]: fintechmagazine
Payabl. Executives Outline Payments Challenges for 2025
[ Mon, Dec 16th 2024 ]: The Hans India
Mortgage finance AUM in India projected to grow 16-17 pc in FY25 and FY26
[ Mon, Dec 16th 2024 ]: ceps.eu
EU Payment Observatory - Annual Report 2024
[ Mon, Dec 16th 2024 ]: AOL
Best Stock to Buy Right Now: Home Depot vs. Lowe's
[ Mon, Dec 16th 2024 ]: cnbctv18
Unclaimed and outstanding LIC claims surge 83% in 5 years: FinMin
[ Mon, Dec 16th 2024 ]: Commercial Observer
The Big Chair: CBRE's James Millon Breaks Down Debt and Structured Finance in 2024
[ Mon, Dec 16th 2024 ]: The Financial Express
Budget 2025: RAI wants all MSME benefits extended to retailers; seeks low-cost finance scheme
[ Mon, Dec 16th 2024 ]: Yahoo
Who could run for Tennessee governor in the 2026 GOP primary? The early possibilities
[ Mon, Dec 16th 2024 ]: Sydney Morning Herald
Meet the people setting your interest rates
[ Mon, Dec 16th 2024 ]: The Financial Times
Global mental health crisis hits workplaces
[ Mon, Dec 16th 2024 ]: Winnipeg Free Press
Ottawa to unveil economic update detailing deficit, new border security package
[ Mon, Dec 16th 2024 ]: Daily Monitor
BoU, Ministry of Finance lock horns over audit on money heist
[ Mon, Dec 16th 2024 ]: Cyprus Mail
Elevate your career with PwC's Academy Business P .. rtificate (BPC): Your key to business excellence!
[ Mon, Dec 16th 2024 ]: Reuters
Bitcoin buyer MicroStrategy jumps on Nasdaq 100 entry
[ Mon, Dec 16th 2024 ]: sinchew
The 1st International Cerebro-cardiovascular Medical Innovation Summit (ICMIS) a great success
[ Mon, Dec 16th 2024 ]: Business Today
Wealth destroyers: These stocks slipped over 50% in 2024; here's what analysts say for 2025
[ Mon, Dec 16th 2024 ]: TechRadar
What is inferencing and training in AI?
[ Mon, Dec 16th 2024 ]: MSN
Mytheresa Emerges as the Hero in the 2024 Drama of Luxury E-commerce
[ Mon, Dec 16th 2024 ]: Business Standard
Declaring foreign assets in tax returns form: What Indians must know
[ Mon, Dec 16th 2024 ]: Rappler
Pagcor leases Nayong Pilipino property to San Miguel for 25 years
[ Mon, Dec 16th 2024 ]: Arabian Business
When the drums fall silent - legendary drummer Zakir Hussain passes away
[ Mon, Dec 16th 2024 ]: The Age
The $100,000 loan contract between Cats legend Joel Selwood and an accused fraudster
[ Mon, Dec 16th 2024 ]: India Today
Parliament Session Live: Constitution discussion .. a Sabha, Lok Sabha to focus on financial business
[ Mon, Dec 16th 2024 ]: Forbes
Trump's Cabinet And Key Jobs: Ric Grenell And Devin Nunes Are Latest Nominees
[ Mon, Dec 16th 2024 ]: moneycontrol.com
Business Loan: Key documents needed to secure financing, check full list

US finalizes $9.63 billion loan for Ford, SK On joint battery venture

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. n-loan-for-ford-sk-on-joint-battery-venture.html
  Print publication without navigation Published in Business and Finance on by Reuters
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
The U.S. Energy Department on Monday said it has finalized a $9.63 billion loan to a joint venture of Ford Motor and South Korean battery maker SK On to help finance construction of three new battery manufacturing plants in Tennessee and Kentucky.
The U.S. Department of Energy has finalized a $9.63 billion loan to BlueOval SK, a joint venture between Ford Motor and SK On, to build three new battery manufacturing plants in Tennessee and Kentucky. This loan, part of the Biden administration's push to boost domestic electric vehicle (EV) production, aims to support the production of batteries for approximately 2.5 million electric vehicles. The facilities are expected to create around 5,000 construction jobs and 7,500 operations jobs. The loan is facilitated under the Advanced Technology Vehicles Manufacturing (ATVM) program, which provides low-cost financing for projects that increase fuel efficiency and reduce emissions. The plants are set to start production in 2025, with the goal of making Ford the second-largest EV producer in North America by 2026.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/us-finalizes-963-billion-loan-ford-sk-joint-battery-venture-2024-12-16/ ]