JOINT VENTURE: Ford, SK Innovation form JV to develop EV battery cells and modules in North America
The BlueOvalSK JV targets an annual production of 60 GWh
Ford and SK Innovation have announced the signing of an MoU to create a joint venture called BlueOvalSK for approximately 60 GWh annual production of traction battery cells and array modules, “starting mid-decade, with potential to expand” according to a company press release on 20 May.
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