Announcement
27 Sep 2021
In September 2021, the State of Kentucky approved funding to support Ford Motor Company’s investment in electric vehicle batteries in Kentucky.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
27 Sep 2021
Revocation date:
No revocation date
Updated: 27 Sep 2021
In-kind grant
In force
On 27 September 2021, the State of Kentucky approved granting a 1,500-acre site to Ford Motor Company to establish its battery plant campus. The land is granted with no charge to incentivise Ford’s...
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Updated: 27 Sep 2021
State loan
In force
On 27 September 2021, the State of Kentucky approved a performance-based forgivable loan of USD 250 million for Ford Motor Company to support the company's investment in electric vehicle batteries ...
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Related State Acts
19 Oct 2021
United States of America (State of Tennessee): Tennessee supports the electric vehicle and battery investment of Ford Motor Company
09 Sep 2021
United States of America (State of Kentucky): Kentucky offers funding for economic development projects exceeding the minimum investment value of USD 2 billion
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