Ford Motor to build EV battery plants

Ford Motor is making a major investment in the US electric vehicle market, plowing 7 billion dollars into a plan to build three EV battery plants.

The US auto firm said Monday it would build two factories in Kentucky and another in Tennessee.

All three will be joint projects with South Korean battery producer SK Innovation. The plant in Tennessee will also assemble EVs. Ford says the plan will create 11,000 jobs.

President Joe Biden last month set a target of having half of all new vehicles sold in 2030 emission-free.

Ford says it plans to accelerate production of an EV version of its pickup trucks.

General Motors is planning to halt all sales of gasoline-fueled vehicles by 2035.