Ford announced a huge move this afternoon with a new mega campus in Tennessee and twin battery plants in Kentucky. The $11.4 billion investment will create nearly 11,000 jobs, with production from the plants due […]
During Ford’s investment call this week, the automaker made waves for their EV plans. Ford expects that 40% of its global sales will come from EV’s by 2030. Additionally, the automaker announced an additional $8 […]
Tomorrow Ford is expected to announce they are developing two new EV platforms. The first will be one for full-size trucks and SUVs, the other for cars and smaller SUVs. Both are targeted to be […]
Ford and South Korea’s SK Innovation (SKI) have signed a memorandum of understanding (MOU) to form an electric vehicle (EV) battery manufacturing joint venture called BlueOvalSK. The deal, which we first told you about yesterday, […]
As Ford prepares to unveil their first electric pickup truck to the world later tonight, a new report suggests the automaker is also about to announce a new electric vehicle (EV) battery joint venture tomorrow. […]
SK Innovation agreed to pay $1.8 billion USD to LG Energy Solutions in a confirmed settlement. The payment will be split between cash and royalties. The two South Korean companies have been spatting over the […]
Ford and Volkswagen have plans to introduce a number of new electric vehicles (EVs) over the next few years. Those efforts have been dealt a blow as their battery supplier, SK Innovation Co. (SKI) has […]
