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UAW rips Biden administration on US loan to Ford joint venture battery plant

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United Auto Workers (UAW) union President Shawn Fain on Friday harshly criticized the U.S. Energy Department plan to lend $9.2 billion to a joint venture of Ford Motor and South Korea's SK On to build three U.S. battery plants.

WASHINGTON, June 23 - United Auto Workers union President Shawn Fain on Friday harshly criticized the U.S. Energy Department plan to lend $9.

The $9.2 billion low-cost government loan for the BlueOval SK joint venture is the biggest ever from the government auto lending program that will help finance construction of three plants in Kentucky and Tennessee.

 

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