According to the private information provided by Bloomberg, Ford Motor will make its battery investment in Turkey together with LG.
Resources close to the topic According to Bloomberg, Ford Motor’s battery investment in Turkey will do it together with LG. Previously, the company signed a non-binding letter of intent with Koç and South Korean SK On for the said investment, and there were news in the South Korean media that SK On had withdrawn from the investment for a while. According to the news shared a while ago Ford and LG Energy Solution he will sign a new letter of intent in the coming weeks, possibly at the end of January or early February. US-based giant manufacturer Ford, the battery unit of SK Innovation SK Ten and will continue to work actively in other projects with Turkey battery factory, which is planned to open in 2025 at the earliest. It is expected to operate with an annual capacity of 30-45 gigawatt hours.. For now, LG Energy Solution has not commented on the subject.
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In Turkey, other steps are being taken in the field of batteries. To develop energy storage solutions for automotive and non-automotive applications in Turkey and surrounding countries Togg and Farasis Energy established in partnership Siro Silk Road Clean Energy Storage Technologieshas come to the fore with an important step in the past months.
one from twitter sharing company that makes “We started development activities for different usage areas, especially electric vehicles. We have successfully completed the production and testing of our first prototype battery at our Battery Development Center in Gebze.” had made the statement.