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Ford, LG Energy Solution, Koç Holding to form JV to build battery gigafactory in Turkey

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Ford Motor Company, LG Energy Solution and Koç Holding signed a non-binding memorandum of understanding (MoU) to form a new joint venture subject to final agreement by all the parties to create one of Europe’s largest commercial electric vehicle battery cell facilities near Ankara, Turkey. Earlier post.)

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Toyota to build production version of C-HR hybrid concept in Turkey

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Toyota Motor Europe (TME) confirmed European production for a production version of the C-HR concept crossover ( earlier post ). The new hybrid will be built at Toyota Motor Manufacturing, Turkey (TMMT) in Sakarya, Turkey, in what marks the first time a hybrid-powered vehicle will be produced in the country.

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Ford investing £150M in Halewood plant to scale up EV portfolio

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This was supported by BEIS’ Automotive Transformation Fund, which aims to electrify Britain’s automotive supply chain and protect its competitiveness in the global market. The power unit, comprising e-drive motor and gearbox, replaces the engine and transmission of a conventional engine vehicle by propelling an EV using battery energy.

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Ford starts production of Deutsche Post StreetScooter WORK XL electric delivery van

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Based on a Transit chassis, produced at the Ford Otosan joint venture plant in Kocaeli, Turkey, the medium-sized electric delivery van is fitted with a battery-electric drivetrain and a body designed and built to StreetScooter specifications. With a battery capacity of up to 76 kWh, the WORK XL has a range of up to 200 kilometers (124 miles).

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Ultraviolette looks to expand operations to Middle East and Europe with Mach2 launch   | Autocar Professional

Baua Electric

Last month, the company marked its Europe entry by establishing operations in Turkey. Niraj Rajmohan, Co-founder and CTO, Ultraviolette told Autocar Professional that 2024 will be its “year of entry into the global markets, and consolidating its India presence at the same time.” lakh today.

Europe 52
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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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Global clean energy investment was $67.8 There was a $1-billion initial public offering by NIO, a $585-million Series C venture capital round by Guangzhou Xiaopeng Motors and a $294-million pre-IPO round by Zhejiang Dianka Automobile. Turkey at $1.2 But the market looks increasingly crowded and consolidation is likely.

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Ford, DowAksa jointly to develop carbon fiber for high-volume automotive light-weighting applications

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Ford and DowAksa signed a joint development agreement (JDA) formally to advance research on cost-effective, high-volume manufacturing of automotive-grade carbon fiber, a material poised to play a significant role in the drive to make vehicles lighter. Earlier post.). —DowAska Vice Chairman Mehmet Ali Berkman.