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Ford, battery maker face job requirement for Tennessee plant

Ford Motor Co. and a South Korean company would have to create more than 5,000 full-time jobs at a planned electric pickup truck factory and battery manufacturing plant in Tennessee or pay back at least part of a $500 million state grant for the project, according to a lease approved Thursday by a regional board.

Nissan exec on outlook for chip shortage

Nissan's Chief Operating Officer Ashwani Gupta acknowledges that supply chain problems are alleviating, but says that he does not believe the issues will fully recover anytime in the near future.