Ford, SK Innovation Commit $11B To EV Manufacturing Plants In The U.S.
Newsy
Three new battery factories and a manufacturing plant are expected to generate nearly 11,000 jobs in Kentucky and Tennessee.
Ford and a partner company say they plan to build three major electric-vehicle battery factories and an auto assembly plant by 2025 — a dramatic investment in the future of EV technology that will create an estimated 10,800 jobs and shift the automaker's future manufacturing footprint toward the South.
The factories, to be built on sites in Kentucky and Tennessee, will make batteries for the next generation of Ford and Lincoln electric vehicles that will be produced in North America. Combined, they mark the single largest manufacturing investment the 118-year-old company has ever made and are among the largest factory outlays in the world.
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