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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

SpaceX Starship Rocket Takes Off From Texas

Elon Musk’s SpaceX successfully launched its Starship rocket from Texas. It reached space a few minutes later and deployed 20 dummy Starlink satellites. The closely watched flight is a key demonstration of upgrades from previously launched Starship prototypes, including increasing the rocket’s power and capability. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Elon Musk’s SpaceX successfully launched its Starship rocket from Texas. It reached space a few minutes later and deployed 20 dummy Starlink satellites. The closely watched flight is a key demonstration of upgrades from previously launched Starship prototypes, including increasing the rocket’s power and capability.
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SpaceX Halts Starship Launch, Lenovo Soars on AI Growth | Bloomberg Tech 5/22/2026

Bloomberg’s Ed Ludlow breaks down what comes next after a critical Starship launch was scrubbed, and he discusses what that means for the space company’s planned mega IPO with a SpaceX alumni and an early investor. Plus, an exclusive conversation with Lenovo CFO Winston Cheng after the world-leading PC maker soars post-earnings on strong AI…

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Bloomberg’s Ed Ludlow breaks down what comes next after a critical Starship launch was scrubbed, and he discusses what that means for the space company’s planned mega IPO with a SpaceX alumni and an early investor. Plus, an exclusive conversation with Lenovo CFO Winston Cheng after the world-leading PC maker soars post-earnings on strong AI growth.

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00:01:12 – Loren Grush, Bloomberg News
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Lenovo CFO Weighs In on Strong AI Growth

Shares of Lenovo soared in Hong Kong trading Friday after the company reported strong growth in AI-related earnings, offsetting challenges from rising component prices. Winston Cheng, CFO of Lenovo, joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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Shares of Lenovo soared in Hong Kong trading Friday after the company reported strong growth in AI-related earnings, offsetting challenges from rising component prices. Winston Cheng, CFO of Lenovo, joins Ed Ludlow on “Bloomberg Tech.”
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