On September 27, 2021, it was announced that Ford and SK Innovation would construct a complex at the megasite called "Blue Oval City" to manufacture electric vehicles and batteries. The facility, which is expected to be operational in 2025, will cost approximately $5.6 billion, making it the most expensive single investment in state history, and employ approximately 5,700.
On September 27, 2021, it was announced that Ford and SK Innovation would construct a complex at the megasite called "Blue Oval City" to manufacture electric vehicles and batteries. The facility, which is expected to be operational in 2025, will cost approximately $5.6 billion, making it the most expensive single investment in state history, and employ approximately 5,700.