Korean news agency Yonhap reports that LG Energy Solution, Ford, and Koç Holding scrap plans to build an EV battery JV in Türkiye. Earlier this year, on February 22, the three companies signed a non-binding Memorandum of Understanding (MoU) to form a new joint venture to create one of Europe's largest commercial electric vehicle battery cell facilities near Ankara, Türkiye. The agreement was subject to final...

13 November 2023

The Elec reports that Ford has hired a former VP at Samsung SDI to develop EV batteries in its joint venture with SK On - Blue Oval SK. According to The Elec's sources, the company has appointed Kim Sung-hoon. He has experience and expertise in developing large batteries, manufacturing technologies such as stacking of battery materials, and production lines for them. It is expected that he will focus on battery...

8 November 2023

Ford F-150 Lightning Flash debuts today - a tech-forward offering that brings together most of the current customers' favorite features for $69,995. The F-150 Lightning Flash expands on the XLT model line by adding in-demand tech capabilities, including an extended-range battery, which has a targeted EPA-estimated range of 320 miles, available Ford BlueCruise v1.2 hands-free highway driving, and a standard 15.5-inch...

3 October 2023

The Ford Cologne Electric Vehicle Center officially opens following a $2 billion investment to transform the historic plant, first founded in 1930. This hi-tech production facility in Germany will build Ford's new generation of electric passenger vehicles for millions of European customers. Designed to be highly efficient, the 125-hectare site is equipped with a brand-new production line, battery assembly, and...

14 June 2023

Ford Motor Company said today it reached an agreement with Tesla Motors that will provide Ford electric vehicle customers access to more than 12,000 Tesla Superchargers across the U.S. and Canada, doubling the number of fast-chargers available to Ford EV customers starting Spring 2024. A Tesla-developed adapter will provide Ford F-150 Lightning, Mustang Mach-E and E-Transit vehicles fitted with the Combined Charging...

26 May 2023

Ford Motor Company has signed deals with three companies for lithium hydroxide supply. These are Albemarle, Nemaska Lithium, and SQM. Albemarle will supply more than 100,000 metric tons of battery-grade lithium hydroxide for approximately 3 million future Ford EV batteries. The five-year supply agreement starts in 2026 and continues through 2030. In addition to the lithium hydroxide supply, Albemarle and Ford will...

23 May 2023