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

Green Car Congress

Established in 1997, Lake Resources currently develops four lithium brine projects in Argentina. BlueOval SK, the joint venture between SK On and Ford Motor Company, is building three plants in the US —one in Tennessee and two others in Kentucky. million electric vehicles (EVs). They are expected to be operational from 2025.

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GM investing $650M in Lithium Americas; offtake agreement from Thacker Pass

Green Car Congress

The second tranche investment is expected to be made into Lithium Americas’ US-focused lithium business following the separation of its US and Argentina businesses and is contingent on similar conditions, including Lithium Americas securing sufficient capital to fund the development expenditures to support Thacker Pass.

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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

The company intends to use this additional capacity to complement three previously announced battery plants in Kentucky and Tennessee that are part of the BlueOval SK joint venture between Ford and SK On, which was officially formed last week. Ford also continues working to localize processing of key battery materials in North America.

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Cooperation between Daimler and Renault-Nissan Alliance deepening in 2016

Green Car Congress

Production of the Mercedes-Benz pickup truck will take place at the Renault plant in Cordoba, Argentina, and at Nissan’s Barcelona plant in Spain, where the Nissan NP300 Frontier and the Renault Alaskan will also be produced. The Nissan Decherd plant in Tennessee, USA, is an example of this success with joint engine production.

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Ford will use module-less LFP batteries from CATL

Push EVs

The company intends to use this additional capacity to complement three previously announced battery plants in Kentucky and Tennessee that are part of the BlueOval SK joint venture between Ford and SK On, which was officially formed last week. Ford also continues working to localize processing of key battery materials in North America.

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