Ford Is Making A MultiBillion-Dollar Investment In Electric Vehicles
Ford Motor Co. announced a historic investment in its future that will pump more than $11 billion into manufacturing a strong, dependable supply of essential parts for electric vehicles, creating nearly 11,000 jobs along the way. This commitment — the…
SK Innovation, Ford To Launch Electric Vehicle Battery Joint Venture In US
South Korean battery maker SK Innovation and American automaker Ford Motor are set to announce a battery joint venture in the United States to ensure a stable supply of batteries for electric vehicles, industry sources said on Thursday. The two…
SK Innovation Works With Kia To Recycle Spent Electric Vehicle Batteries
SK Innovation, a major electric vehicle battery maker in South Korea, will work with Kia Motors to establish an industrial ecosystem for recycling spent batteries from EV6, a new electric vehicle to be released by the car company in the…
Electric Vehicle Battery Group Raises $2Bn In Korea’s Biggest IPO In 4 Years
The company priced the offering at Won105,000 per share or the top of a marketed range, according to a stock exchange statement. Demand for shares outweighed the number on offer by 1,883 times as institutional investors bet on growth in…
SK Innovation To Jointly Develop Lithium-Metal Battery With Nobel Prize Winner John Goodenough
South Korea’s SK Innovation Co. will develop lithium-metal batteries using solid-state electrolytes with Nobel Prize recipient John B. Goodenough in hopes that the next-generation battery technology can significantly improve electric vehicle’s driving range and safety. According to SK Innovation, the…
VW, Ford U.S. EVs Endangered Due To Ongoing Legal Battle Between Battery Suppliers
An ongoing spat between two South Korean electric vehicle battery makers could put a crimp in Ford Motor Co.’s plans to produce an all-electric version of its best-selling F-150 pickup and future electric vehicles as well as Volkswagen of America’s…
