Rumor: Ford Might Drop Battery JV Deal With SK In Turkey via insideevs.com
A battery factory nearby, ready for production in 2025, would allow the production of more electric vans, but it seems that the three partners have disagreements on how to proceed forward. At least if the rumor is true.
The report says that a new memorandum of understanding with LG Energy Solution might be officially announced within weeks - this month or in February. "Ford and LG Energy Solution plan to sign a memorandum of understanding within the coming weeks, probably in late January or early February, according to two people with knowledge of the matter who asked not to be named because the change in partners is not public."
Meanwhile, Ford will continue its partnership with SK Innovation's SK On in other countries . The South Korean manufacturer produces batteries for the in Georgia and is engaged in two other projects with Ford in the United States - in Tennessee and in Kentucky .LG Energy Solution also is not a new partner for Ford. The two companies actually have been working together for a long time, and currently, theAs far as we understand, competition between SK On and LG Energy Solution is fierce.
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