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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 also is leveraging its long-standing connection with LG Energy Solution (LGES) and its strategic relationship with SK On to meet its battery capacity target for late 2023. Ford has signed an additional MOU with SK On as well as Koç Holdings to create a joint venture in Turkey for expanded battery capacity there.

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EEA Report: Trends in European Transport Are Heading in the Wrong Direction

Green Car Congress

Other key messages of the report include: Freight transport continues to grow, with the largest increases occurring in the least energy efficient transport modes—road and air freight. Rail and inland waterway freight recorded increases of 11% and 17% respectively but saw their market share decline. Transport at a crossroads.

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Refineries in the Americas produce a greater share of gasoline per barrel of crude oil than refineries in other world regions

Green Car Congress

The International Energy Agency’s Monthly Oil Statistics shows that there are differences in refinery output throughout the world. Source: International Energy Agency, Monthly Oil Statistics, February 2020, Paris, France., When processing petroleum, refineries can produce products in varying amounts to meet regional demands.

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Ford will use module-less LFP batteries from CATL

Push EVs

Ford also is leveraging its long-standing connection with LG Energy Solution (LGES) and its strategic relationship with SK On to meet its battery capacity target for late 2023. Ford has signed an additional MOU with SK On as well as Koç Holdings to create a joint venture in Turkey for expanded battery capacity there.

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