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Ford Spending $11 Billion to Build Three U.S. Battery Factories

Ford Motor Co. and South Korea’s 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’s history. Ford CEO Jim Farley talks to Bloomberg’s David Westin. (Source: Bloomberg)

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Ford Motor Co. and South Korea’s 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’s history. Ford CEO Jim Farley talks to Bloomberg’s David Westin. (Source: Bloomberg)

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9 Comments

9 Comments

  1. 420KinK

    September 28, 2021 at 6:21 pm

    Haha. Propaganda 101. Ford going broke!

  2. dehoyos rudolph

    September 28, 2021 at 7:40 pm

    I like how he asked about building in a right to work state!

    • Jg Rsb

      September 28, 2021 at 8:08 pm

      I hope these factories will be technologically advanced and not need lots of workers in the first place. The workers they need will be programmers and skilled technicians. They will be highly educated not lunk head union members.

    • dehoyos rudolph

      September 28, 2021 at 8:38 pm

      @Jg Rsb I’m sure they were lunk heads before they joined a union!

    • Jg Rsb

      September 28, 2021 at 8:48 pm

      @dehoyos rudolph yes, but unions attract lunk heads.

    • 420KinK

      September 28, 2021 at 10:09 pm

      @Jg Rsb Unions are like the mob they just steal from the workers. Sure back in the day they were needed but now…. IDK about Ford but I would rather work at Tesla and get stock options and my FULL paycheque! Getting Ford stock would be a NEGATIVE of employment.

  3. Sohl Kim

    September 28, 2021 at 8:04 pm

    too late

  4. Jg Rsb

    September 28, 2021 at 8:06 pm

    I’m glad for Ford. I’m hoping the new factories are fully automated so they are more efficient.

  5. Ross Harris

    September 28, 2021 at 8:19 pm

    1 John 2:17 the World passing away and the gathering and assembling is God using the corporate world to eliminate their global system. Zephaniah 3:8.

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Bloomberg Technology

Meta Settles Federal Social Media Addiction Trial | Bloomberg Tech 8/26/2026

Bloomberg’s Ed Ludlow explains why Meta agreed to pay up to $18 billion in landmark settlements to resolve allegations that the company deliberately designed Facebook and Instagram to encourage compulsive use among young users. Plus, Nvidia reports after the closing bell today. And, Southern Company CEO Chris Womack joins to discuss the AI boom’s impact…

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Bloomberg’s Ed Ludlow explains why Meta agreed to pay up to $18 billion in landmark settlements to resolve allegations that the company deliberately designed Facebook and Instagram to encourage compulsive use among young users. Plus, Nvidia reports after the closing bell today. And, Southern Company CEO Chris Womack joins to discuss the AI boom’s impact on the American power grid.

00:00:00 – Bloomberg Tech Begins
00:01:13 – Ian King, Bloomberg News
00:02:31 – Jordan Klein, Mizuho Securities
00:09:38 – JB McCuskey, West Virginia Attorney General
00:27:01 – Chris Womack, Southern Company
00:34:37 – Ann Miura-Ko, Floodgate
00:40:40 – Alexandra Levine, Bloomberg News
00:44:30 – Kunjan Sobhani, Bloomberg Intelligence
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Meta Settlement Sets Blueprint for TikTok, YouTube

Meta has agreed to pay up to $18 billion over ten years and adopt new protections for teenage users as part of a landmark settlement with states over its social media platforms. The company was sued by 29 state attorneys general, including West Virginia Attorney General JB McCuskey, who says the deal provides a “blueprint”…

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Meta has agreed to pay up to $18 billion over ten years and adopt new protections for teenage users as part of a landmark settlement with states over its social media platforms. The company was sued by 29 state attorneys general, including West Virginia Attorney General JB McCuskey, who says the deal provides a “blueprint” for pursuing TikTok, YouTube, and other platforms. He joins Ed Ludlow on “Bloomberg Tech.”
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How ‘AI-Pilled’ Companies Are Rewriting the Startup Playbook

AI isn’t just changing what startups build, it’s changing how the companies themselves operate. Floodgate co-founder and Partner Ann Miura-Ko explains her thesis around the “AI-pilled organization,” where agents are deployed across engineering, sales, marketing, and strategy to dramatically accelerate how companies learn and execute. She joins Ed Ludlow on “Bloomberg Tech.” ——– Like this…

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AI isn’t just changing what startups build, it’s changing how the companies themselves operate. Floodgate co-founder and Partner Ann Miura-Ko explains her thesis around the “AI-pilled organization,” where agents are deployed across engineering, sales, marketing, and strategy to dramatically accelerate how companies learn and execute. She joins Ed Ludlow on “Bloomberg Tech.”
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