Dirt has been moved, concrete poured and steel structures are being built according to plan so far the companies said Production is scheduled to start in 2025 at the two battery manufacturing plants being built in Glendale, Kentucky. The venture will employ 5,000 people to produce batteries for future Ford and Lincoln electric vehicles.
"Ford's made some big bets on electrification, because we believe in our ability to lead the electric revolution," said Dave Nowicki, director of manufacturing operations for EV programs at Ford.
Ford and its partner SK On, a South Korean electric vehicle battery developer and manufacturer, have invested $5.8 billion in the Kentucky project - known as BlueOval SK Battery Park.
This story is from the AppleMagazine #580 edition of AppleMagazine.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 8,000+ magazines and newspapers.
Already a subscriber? Sign in
This story is from the AppleMagazine #580 edition of AppleMagazine.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 8,000+ magazines and newspapers.
Already a subscriber? Sign in
Why Tiktok's Security Risks Keep Raising Fears
TikTok is once again fending off claims that its Chinese parent company, ByteDance, would share user data from its popular video-sharing app with the Chinese government, or push propaganda and misinformation on its behalf.
MONEY: IS BEING A LANDLORD WORTH IT?
Real estate has been a popular investment for a very long time — for those who can afford it. But in recent years, trends such as house flipping, “house hacking” (living in one room of a property while renting out the others) and short-term vacation rentals have made real estate investment much more accessible, especially for millennials seeking a second-income stream in an uncertain economy.
DIGITAL LITERACY: CAN THE REPUBLIC 'SURVIVE AN ALGORITHM'?
Shawn Lee, a high school social studies teacher in Seattle, wants to see lessons on the internet akin to a kind of 21st-century driver’s education, an essential for modern life.
GOOGLE SUSPENDS CHINESE SHOPPING APP AMID SECURITY CONCERNS
Google has suspended the Chinese shopping app Pinduoduo on its app store after malware was discovered in versions of the app from other sources.
NEW 'SHAZAM!' HAS MORE EVERYTHING, BUT LESS CHARM
Sequels, by nature, are more. Whatever the original had, just add more, the rule seems to be. Even more words in the title — how often is a sequel’s title shorter than the original?
GAMESTOP LEADS MEME STOCK RALLY IN PANDEMIC TRADE COMEBACK
Meme stocks jumped this week after GameStop, one of the most heavily traded off-brand stocks during the pandemic, posted a surprise profit for the fourth quarter, its first quarterly profit in two years.
AMAZON CUTS 9,000 MORE JOBS, BRINGING 2023 TOTAL TO 27,000
Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff this week.
CRUISE WANTS TO TEST SELF-DRIVING CARS ALL OVER CALIFORNIA
General Motors’ Cruise autonomous vehicle unit asked California for permission to test the cars across the entire state.
IOS 16.4 HINTS AT UPCOMING AIRPODS 4 & NEW CHARGING CASE
Apple has recently rolled out the iOS 16.4 Release Candidate (RC) for developers and beta testers, containing references to the next-generation AirPods 4 and an updated charging case.
WILL THE CREDIT SUISSE BANK TAKEOVER CALM FINANCIAL FEARS?
In a bid to ease turmoil in the world financial system, Swiss authorities engineered a plan for the UBS bank to acquire its troubled smaller rival Credit Suisse at a marked-down price.
FORD SAYS EV UNIT LOSING BILLIONS, SHOULD BE SEEN AS STARTUP
Ford Motor Co.’s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology.
RAPTOR R TAKES ON TRX
MUSCLE CAR ENGINES AND TROPHY TRUCK SUSPENSIONS SQUARE OFF ON THE DRAGSTRIP, ON THE ROAD, AND IN THE DIRT
"Welcome to the most extreme Ford GT ever built"
Though outwardly it looked broadly the same as the cars it succeeded, famously the Ford GT40 MKIV was a completely different animal underneath.
GROUNDBREAKING ADVANCES EMERGING VEHICLE BATTERY PRODUCTION
Kentucky reached another stage in developing an electric vehicle battery sector, with groundbreaking for a $2 billion plant by a Japanese company that will create 2,000 full-time jobs.
2023 FORD F-150 RAPTOR R: Trucks of Fury
Highs: 700 horsepower, monster-truck presence, surprisingly graceful on-road manners. Lows: Not 703 horsepower, can't lock the rear diff in two-wheel drive, it costs how much?
This fourdoor Ford foreshadowed late-model Broncos
Ddecades ahead of the '20 four-door Bronco, and even preceding the Ford Explorer and Excursion, came an SUV that could have passed for OEM and was built to answer the call for a three-row people-haulin' off-roader.
WORK FORGES AHEAD AS SCHEDULED ON KENTUCKY EV BATTERY PLANTS
Ford Motor Co. and a South Korean partner company showed off their progress in developing a massive battery production venture in Kentucky, where they have laid the groundwork for one of the \"big bets\" the automaker is making in its electric vehicle business.
Make it Happen!
Ford rolled out a 2024 Mustang GT3 race car during the 2024 Mustang launch-but what about a Cobra Jet?
FAT FENDER RESCUE
A forgotten 1938 Ford Deluxe Coupe is pulled from the weeds.
DOSSIER: 2022 FORD F-150 LIGHTNING
FORD'S ELECTRIC PICKUP SHOWS ONE POSSIBLE FUTURE.