Combined $11.4 billion investment with SK Innovation aims to accelerate electric push, create 11,000 new jobs.
Ford Motor Co. plans to build its first new U.S. assembly plant in decades, along with three battery factories, to fortify its push into electric vehicles as the industry accelerates green-tech investments.
The Dearborn, Mich., auto maker said Monday that it would build two battery factories in Kentucky and a third in western Tennessee alongside a new truck factory set to begin producing electric F-series pickups by 2025.