Ford, LG Announce Plans For New Battery Plant In Turkey

Ford is betting large on the electrification of its European lineup and desires to promote solely battery-powered autos on the continent by the tip of the last decade. The sunshine industrial section will play a key position on this technique and in help of its progress, the Blue oval broadcasts a partnership with LG Power Options for a brand new battery plant in Turkey. The 2 sides – along with the native Koc Holding – have signed a non-binding memorandum of understanding to type a brand new three way partnership. The deal is topic to remaining settlement by all three events concerned.

Ford goals to construct one of many largest industrial car battery cell factories in Europe with its companions. It will likely be situated within the industrial zone in Baskent, close to Ankara in Turkey. Ford is assured the venture is on monitor and anticipated to interrupt floor later this yr with precise manufacturing deliberate to start in 2026. Ford, LG, and Koc decide to not less than 25 GWh of annual manufacturing capability with a attainable enlargement to as much as 45 GWh per yr.

“Ford continues to ramp up our electrical car plans as we scale to be a frontrunner within the electrical car revolution,” Lisa Drake, vp, Ford EV Industrialization, feedback. “We’re delivering on the dedication to provide batteries in the identical area the place we construct electrical autos. Establishing the brand new three way partnership with LGES and Koc Holding will lay a strong basis that’s basic to constructing a thriving electrical car future for Ford in Europe.”

Turkey is a key location for Ford’s European operations. The automaker has been partnering with Koc Holding for many years and the 2 corporations run the Ford Otosan three way partnership which was established greater than 60 years in the past. Since April last year, Ford has been producing the E-Transit within the nation for the European markets. The manufacturing unit in Kocaeli is the second manufacturing web site to assemble the electrical van after Kansas.

LG isn’t a brand new accomplice for Ford both. The tech big offers the batteries for the Mustang Mach-E from its plant in Poland. The 2 corporations have been working collectively for greater than a decade.

Read original article here

Information Abstract:

  • Ford, LG Announce Plans For New Battery Plant In Turkey
  • Verify all information and articles from the most recent Tech updates.
  • Please Subscribe us at Google News.
Denial of accountability! Neefina is an automated aggregator across the world media. All of the content material can be found free on Web. We now have simply organized it in a single platform for instructional goal solely. In every content material, the hyperlink to the first supply is specified. All emblems belong to their rightful homeowners, all supplies to their authors. If you’re the proprietor of the content material and don’t need us to publish your supplies on our web site, please contact us by electronic mail: The content material will probably be deleted inside 24 hours.

Related Articles

Back to top button