SK Innovation

An older, cheaper and safer battery technology is poised to reshape battery manufacturing worldwide and boost EV sales in the U.S. — if the global lithium supply remains stable.

Why LFP batteries are poised to bring down entry-level EV prices

Earlier this year, Ford Motor Company announced an investment of $30 billion toward electrification by 2025. On Monday, the automaker unveiled some specifics for that plan. Ford and its battery…

How Ford’s electrification footprint will change with planned investments

Ford Motor Company and battery manufacturer SK Innovation plan to spend $11.4 billion to build two massive campuses in Tennessee and Kentucky that will produce batteries as well as the…

Ford, SK to spend $11.4B to build two US manufacturing campuses dedicated to EVs and batteries

Featured Article

Automakers have battery anxiety, so they’re taking control of the supply

Battery joint ventures have become the hot must-have deal for automakers that have set ambitious targets to deliver millions of electric vehicles in the next few years.

2:50 pm PDT • July 23, 2021
Automakers have battery anxiety, so they’re taking control of the supply

Ford Motor Company and Seoul, South Korea-based SK Innovation signed a memorandum of understanding to establish a joint venture to domestically manufacture batteries for electric vehicles, the two companies said…

Ford and SK Innovation announce battery manufacturing joint venture BlueOvalSK