Ford Gets $9.2 Billion To Help US Catch Up With China's EV Dominance

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By BeauHDJun 22, 2023, 10:02 pm267 pts
The US government is providing a conditional $9.2 billion loan to Ford for the construction of three battery factories, the largest government backing for a US automaker since the 2009 financial crisis. "The enormous loan [...] marks a watershed moment for President Joe Biden's aggressive industrial policy…

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