Battery Market News’ Post

BlueOval SK, LLC has secured a $9.63 billion loan from the US Department of Energy to further expand its electric vehicle (EV) battery manufacturing operations. This investment supports the development of three new battery plants in Kentucky and Tennessee, creating thousands of jobs and strengthening the domestic EV supply chain. The project underscores the country's commitment to accelerating electric vehicle adoption and building a sustainable manufacturing ecosystem in the US. Learn more: https://lnkd.in/gTZ8nN7F #ElectricVehicles #EVs #EVbatteries #Batteries #Manufacturing

The U.S. Department of Energy (DOE) has granted BlueOval SK, LLC, a joint venture by Ford Motor Company and SK On, a loan of up to 9.63 billion dollars for the construction of three battery factories in Tennessee and Kentucky. Read more: https://lnkd.in/eMJ7dFPR #eMobility #Battery #BatteryProduction #Gigafactory #BatteryNews #DOE #BlueOval #Ford #SKOn #Lincoln

The U.S. Energy Department has approved a $9.63 billion loan for Ford and SK On’s joint venture, BlueOval SK, to construct three battery manufacturing plants in Tennessee and Kentucky. These facilities will produce over 120 GWh of batteries annually, supporting EV growth and reducing reliance on foreign supply chains. This marks a milestone in boosting domestic clean energy production ahead of a major political transition. Read full news at https://lnkd.in/deubGviC #Ford #SKOn #BlueOvalSK #EVRevolution #BatteryTech #CleanEnergy #SustainableFuture #DOE #USManufacturing #GreenEnergy #Tennessee #Kentucky #ElectricVehicles #ClimateAction #EnergyInnovation #BatteryPlants #USJobs #CleanTech #EnergySecurity #Innovation

Ford Motor Company and SK On are making history with a record-breaking $9.63 billion loan from the U.S. Department of Energy. This funding will drive the construction of three massive EV battery manufacturing facilities in Kentucky and Tennessee through their joint venture, BlueOval SK. Expected to deliver over 120 gigawatt-hours of battery capacity annually, these facilities are a cornerstone of the Biden administration's push for domestic EV production. Learn more about this transformative project and its economic impact. #Ford #SKOn #ElectricVehicles #EVManufacturing #BatteryTechnology #BlueOvalSK #SustainableEnergy #CleanEnergyFuture #BidenAdministration #EconomicImpact

Forge Battery is scaling up lithium-ion battery production with plans to expand its Morrisville, North Carolina, facility to 3 GWh/year. Supported by $100M in Department of Energy funding and an additional $140M company investment, the facility aims to meet the growing demand for domestically produced battery cells. Initial production at 1 GWh/year is expected to start in 2026, with expansion to 3 GWh/year soon after. The company’s first commercial product, the Gen 1.1 Supercell, is being tested for applications in electric trucks, off-highway vehicles, motorcycles, and aerospace. Produced with a US-dominant supply chain, 90% of the materials will be sourced domestically, supporting a sustainable and resilient energy future. Read more: https://lnkd.in/g4fUrpSh #ElectricVehicles #EVs #Batteries #LithiumIon #BatteryProduction #Manufacturing #NorthCarolina

A $9.63B DOE loan will power Ford's BlueOval SK #battery plants in KY & TN, adding 120 GWh of battery capacity and 7,500 jobs. U.S.-made EV batteries are fueling economic growth and strengthening the future of American manufacturing! https://lnkd.in/gzPV8eQt

Battery separator manufacturer Microporous, LLC plans to build a $1.4 billion plant in Danville, Virginia. #automotive #evs #batterymanufacturing #evbatteries #manufacturing #transportation

It's important to recognize that electrification of "everything" may not be the lower carbon, most cost-effective approach. I think the WSJ has it right when reporting on long-haul trucking. Clean Energy Ventures portfolio company ClearFlame Engine Technologies is targeting this sector along with ag/construction, mining and back-up generation for resiliency to decarbonize sectors where electrification may be challenging. Trucks are rolling and cost are lower than diesel, emissions are radically reduced (incl CO2), weight penalty is negligible, and performance is the same as diesel. https://lnkd.in/es46GHnB

🔋 The U.S. Department of Energy has finalized a $9.63 billion loan to BlueOval SK, LLC, supporting the construction of three new EV battery plants in Kentucky and Tennessee. This initiative should significantly strengthen domestic electric vehicle manufacturing capacity and align with broader clean energy goals. Read more: https://lnkd.in/eAz2JvVt #EVManufacturing #CleanEnergy #BatteryTech Michael Adams, Jiwon Park, Timothy (Junyong) Jeong, Keli McAlister, Scott Silverson, Donghoe Gu

Via Utility Dive: " DOE closes on $9.6B loan to Ford’s BlueOval SK battery joint venture: The funds will finance construction of up to three electric vehicle battery plants in the U.S., two in Kentucky and one in Tennessee. " #Energy #Utility #Utilities