Ford Announces Joint Venture With SK Innovation to Manufacture EV Battery Cells in U.S.
By Faria in Business
Updated 3 years ago
DETROIT – Ford Motor plans to form a joint venture with South Korean battery maker SK Innovation that will eventually manufacture battery cells for electric vehicles in the U.S. The companies on Wednesday announced they have signed a memorandum of understanding for a joint venture that will be called BlueOvalSK....