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Ford forms battery JV with SK to be vertically integrated

American automaker Ford Motor Company and South Korean conglomerate SK Innovation have signed a memorandum of understanding (MOU) to create a joint venture to produce approximately 60 gigawatts per hour (GWh) annually in traction battery cells and array modules, starting mid-decade, with potential to expand. “This MOU is just the start; it’s a key part […]

The post Ford forms battery JV with SK to be vertically integrated appeared first on F&L Asia.

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