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Federal officials visit BlueOval SK after granting joint venture $9.2 billion loan

Summary by Ground News
U.S. Deputy Energy Secretary David Turk and DOE's Loan Program Officer Director Jigar Shah toured Ford and SK On's $5.6 billion BlueOval City campus on Thursday. Ford Motor Co. and South Korean company SK On finalized the Blue Oval SK joint venture in 2022 to produce batteries for future Ford and Lincoln electric vehicles at the three plants.

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The Commercial AppealThe Commercial Appeal
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Federal officials visit BlueOval SK after granting joint venture $9.2 billion loan

U.S. Department of Energy officials toured BlueOval City's future $5.6 billion campus and met with the project’s leaders and executives.

·Memphis, United States
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The Commercial Appeal broke the news in Memphis, United States on Wednesday, July 5, 2023.
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