Ford, SK Innovation to form JV to manufacture battery cells and modules; 60 GWh/year from BlueOvalSK
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May 21, 2021, 5:00 am232 pts
Green Car CongressFord and SK Innovation signed an MoU to create a joint venture—to be called BlueOvalSK—to produce approximately 60 GWh annually in traction battery cells and array modules, starting mid-decade, with potential to expand. About US$5.3 billion (6 trillion KRW) will be invested in the JV. The annual output of…
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