{"id":438935,"date":"2021-09-29T08:26:39","date_gmt":"2021-09-29T02:56:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=438935"},"modified":"2021-09-29T08:45:02","modified_gmt":"2021-09-29T03:15:02","slug":"ford-sk-innovations-to-invest-11-4-bn-on-electric-truck-battery-plants","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ford-sk-innovations-to-invest-11-4-bn-on-electric-truck-battery-plants\/","title":{"rendered":"Ford, SK Innovations to invest $11.4 bn on electric truck, battery plants"},"content":{"rendered":"<p>Ford Motor Co. and South Korea\u2019s SK Innovation Co. plan to spend $11.4 billion to construct three battery factories and an assembly plant for electric F-Series pickup trucks in Tennessee and Kentucky, the biggest investment in the U.S. automaker\u2019s history.<\/p>\n<p>The project will create two vast sites to produce electric vehicles and the batteries to power them, employing nearly 11,000 workers, the companies said Monday. Ford is spending $7 billion, while battery partner SK is kicking in $4.4 billion. They begin to come online in 2025.<\/p>\n<p>The projects are part of Ford\u2019s plan to invest $30 billion in electric vehicles by 2025, become a player in a market dominated by Tesla Inc. and challenge General Motors Co.\u2019s image as leading the legacy automakers. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ford Motor Co. and South Korea\u2019s SK Innovation Co. plan to spend $11.4 billion to construct three battery factories and an assembly plant for electric F-Series pickup trucks in Tennessee and Kentucky, the biggest investment in the U.S. automaker\u2019s history. The project will create two vast sites to produce electric vehicles and the batteries to power them, employing nearly 11,000 workers, the companies said Monday. Ford is spending $7 billion, while battery partner SK is kicking in $4.4 billion. They begin to come online in 2025. The projects are part of Ford\u2019s plan to invest $30 billion in electric vehicles [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-438935","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/438935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=438935"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/438935\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=438935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=438935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=438935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}