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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

30,000 units of an all-new SUV for Europe, the run rate of which will significantly ramp in 2024. Beyond the recently announced key asset in Western Australia secured through Liontown Resources, Ford also has signed a non-binding MOU with Rio Tinto, exploring a significant lithium off-take agreement from its Rincon project in Argentina.

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Ford will use module-less LFP batteries from CATL

Push EVs

30,000 units of an all-new SUV for Europe, whose run rate will significantly ramp in 2024. Beyond the recently announced key asset in Western Australia secured through Liontown Resources, Ford also has signed a non-binding MOU with Rio Tinto, exploring a significant lithium off-take agreement from its Rincon project in Argentina.

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