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Ford, Rio Tinto sign MOU for battery and low-carbon materials supply to support net-zero future

Green Car Congress

Ford Motor Company and Rio Tinto have signed a non-binding global memorandum of understanding (MOU) jointly to develop more sustainable and secure supply chains for battery and low-carbon materials to be used in Ford vehicles. Rio Tinto completed its acquisition of Rincon earlier this year. Earlier post.)

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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

Green Car Congress

SK On, a global electric vehicle (EV) battery manufacturer, signed a lithium supply deal with Australia’s Lake Resources ( earlier post ), a move that will further strengthen its key battery materials supply chain in response to robust business growth and geopolitical risks. million electric vehicles (EVs). Earlier post.).

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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Potential opportunities for collaboration in electric vehicle (EV) and battery material supply chains.

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Ford sources battery capacity and raw materials for 600K EV annual run rate by late 2023, 2M by end of 2026; adding LFP

Green Car Congress

Ford announced a series of initiatives for sourcing battery capacity and raw materials that light a clear path to reach its targeted annual run rate of 600,000 electric vehicles by late 2023 and more than 2 million by the end of 2026. Ford announced that Contemporary Amperex Technology Co., 150,000 F-150 Lightnings for North America.

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Rough road for EV industry

Green Car Congress

Even Tesla, despite its substantial efforts to hold the line on affordability, has suffered from the effects of war, supply chain disruptions and the rising costs of raw materials. Ford made headlines in December when the company stopped accepting customer reservations for its new, highly touted pickup, the all-electric F-150 Lightning.

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Ford will use module-less LFP batteries from CATL

Push EVs

Ford will use module-less LFP (LiFePO4) batteries from CATL to cut costs by 10-15 percent starting next year. The company detailed its global vehicle portfolio plans supporting these production goals as part of its Ford+ plan. Ford announced that Contemporary Amperex Technology Co., DEARBORN, Mich., DEARBORN, Mich.,

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Opinion: Will Lithium Be Our Next Energy Crisis?

Clean Fleet Report

domestic supply of lithium. Ford has announced its plan to lead the charge by investing $11.4 Our domestic supply chain simply isn’t ready. Countries in the western world are phasing out gasoline-powered cars and rushing to lock down their lithium supplies. year over year, we don’t have nearly enough supply.

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