US gives final OK for $9.63B loan for Ford joint venture EV battery plants
The loan, meant to boost EV production, won final approval from Biden's Department of Energy as Trump prepares to trim EV-adoption policies.
Joint venture planned for commercialisation of Newcleo SMR
France-based innovative reactor developer Newcleo is to create a joint venture with Italy's NextChem to develop a new generation commercial-scale power plant, based on Newcleo's LFR-AS-200 small modular lead-cooled fast reactor.
US finalizes $9.63 billion loan for Ford, SK On joint battery venture
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.
Energy Department finalizes $9.63B loan for Ford, SK battery plants
The U.S. Energy Department on Monday said it had finalized a direct loan of up to $9.63 billion to the joint venture of Ford Motor Co. and Korean battery partner SK On Ltd. for the construction of three electric vehicle battery plants in Tennessee and Kentucky.
Ford secures $9.63 billion federal loan for U.S. battery plants
In a landmark move, the U.S. Department of Energy (DOE) finalized a $9.63 billion loan to BlueOval SK, a joint venture between Ford Motor Company and South Korean battery maker SK On. The loan, announced on Monday,
Ford And SK On Get $9.6 Billion Loan From US Government For Local Battery Plants
The three plants will have the capacity to produce 120 GWh worth of EV batteries each year. This loan has been in the works for more than 18 months and was only just approved. The DOE has also made recent loan commitments to Rivian and Stellantis.
Ford Motor and JV partner SK On finalized $9.6B loan for EV battery plants
The U.S. Energy Department finalizes $9.63 billion loan for Ford Motor and SK On joint venture for new battery plants.
Ford EV Battery Joint Venture Secures $9.63 Billion Loan From US Energy Department
Ford Motor's (F) joint venture with South Korean electric vehicle battery manufacturer SK On secured an up to $9.63 billion loan from the US government for the construction of three new battery production plants.
Lark Hotels and Life House form joint venture to expand North American portfolio
"Lark Hotels and Life House form joint venture to expand North American portfolio" was originally created and published by ...
Israel Aerospace Plans Vietnam Joint Venture, Tech Transfers
Israel Aerospace Industries Ltd. is looking to forge a joint venture with a Vietnamese company in 2025 that would include ...
Iceland launches joint venture to sell products in Nordics
Joint venture will also explore the potential for opening retail stores once the products have gained a foothold in the ...
IsoEnergy and Purepoint Uranium Complete Joint Venture
IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) ("IsoEnergy") and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ...
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EDGE and Indra formalise joint venture, PULSE, to design and manufacture radars in Abu Dhabi
EDGE, one of the world’s leading advanced technology and defence groups, and Indra Sistemas (Indra), a world-leading ...
BP spins off offshore-wind business in joint venture with JERA, in pullback from renewables
BP has agreed to spin off its offshore-wind business into a newly formed joint venture with Japan’s top power producer JERA ...
BP forms offshore wind joint venture in renewables retreat
BP and Japanese power generator JERA have agreed to join forces to form one of the world's largest offshore wind operators, a ...
Defense News on MSN6d
Trilateral joint venture to manage GCAP warplane work from London
Basing the firm in the UK is meant to ensure “maximum alignment" with the UK-based government organization driving the ...
Bloomberg L.P. on MSN6d
UK, Japan and Italy Set Up Joint Venture for Future Fighter Jet
The UK, Japan and Italy formalized their planned venture to build a new generation fighter jet that the countries expect to ...
Key tech details of Rivian and VW’s joint venture partnership
Significant work has been done to ensure Rivian’s electrical architecture and software are compatible with Volkswagen ...