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
JULY 22, 2022
Ford has signed an additional MOU with SK On as well as KoƧ Holdings to create a joint venture in Turkey for expanded battery capacity there. To support its joint ventures, Ford is direct-sourcing battery cell raw materials as well. Ford also continues working to localize processing of key battery materials in North America.
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