DOE Closes on $9.6B loan to Ford’s BlueOval SK Battery Joint Venture
The BlueOval SK joint venture with South Korea-based EV battery manufacturer SK On was established to provide Ford a steady supply of domestically-produced batteries for its EVs. Battery production is slated to begin in 2025. The DOE’s Loan Programs Office…
USA To Fund Development Of Lightweight EV Materials
The US Department of Energy (DOE) Vehicle Technologies Office has announced the selection of five industry-led research and development projects to develop lightweight materials to improve the energy efficiency of electric vehicles. According to the DoE, these projects will help…
