Ford, LGES And Koç To Build 25-45 GWh Battery JV In Turkey via insideevs.com
Partners: Ford, LG Energy Solution and Koç HoldingPurpose: batteries, mostly for Ford's commercial vehicles"Ford continues to ramp up our electric vehicle plans as we scale to be a leader in the electric vehicle revolution. We are delivering on the commitment to produce batteries in the same region where we build electric vehicles.
It's worth noting that LG Energy Solution is a long-standing battery supplier for Ford, recently supplying a high volume of batteries for the Ford Mustang Mach-E and E-Transit from its massive plant in Poland. LG Energy Solution says that its current total global annual production capacity exceeds 200 GWh, while by the end of 2023, it will be at around 300 GWh/year."Our long-time business relationship with Ford is the result of our commitment to deliver unmatched product competitiveness, stable yields, and global operational expertise, made possible by our extensive knowledge accumulated through pre-emptive investments in global markets.
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