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Crypto

Ripple to permanently place XRP logo on University of Louisville basketball court

Ripple has signed a multi-year partnership with the University of Louisville athletics department to keep the XRP logo permanently displayed on the school’s basketball home court. Starting this season, XRP branding will be applied across men’s and women’s games, in-arena signage and courtside screens at the KFC Yum! Center. The agreement also covers the university’s digital channels, social media and radio broadcasts, and includes support for financial and technology education programs.

Mobility

Ford bets $2 billion to convert U.S. gasoline plant into EV factory

Ford is moving to expand electric-vehicle production in the United States despite reduced EV support and industry restructuring. It is investing $2 billion in Kentucky’s Louisville Assembly Plant to convert a 3 million square foot internal combustion production site into an EV-only factory under its Universal EV project. Ford plans to build a new mid-sized electric truck, the Fathom, there, with prototypes due in 2027.

Industry

Anthro Energy breaks ground on U.S. battery materials plant to pave way for all-solid-state batteries

U.S. battery materials company Anthro Energy has broken ground on an electrolyte production plant in Louisville, Kentucky, with annual capacity of 25 GWh. The company aims to supply materials for more than 300,000 electric vehicles and build a U.S. battery materials supply chain that reduces reliance on China. The plant targets a 2028 start-up. Federal and state support includes U.S. Department of Energy funding and tax credits, as well as Kentucky incentives tied to 110 permanent jobs.