Ford Motor Company (F) and its Korean battery partner, SK On Ltd., have secured a $9.63 billion loan from the U.S. Energy Department to construct three advanced electric vehicle (EV) battery plants in Tennessee and Kentucky. This loan, the largest ever issued by the department's Advanced Technology Vehicles Manufacturing Program, will support the development of 120 gigawatt hours of battery capacity and create 7,500 jobs across the BlueOval SK LLC facilities.Mallory Cooke, BlueOval SK spokesperson, initiall ...