Remove Ford Remove Global Remove Market Remove Turkey
article thumbnail

Ford, LG Energy Solution, Koç Holding to form JV to build battery gigafactory in Turkey

Green Car Congress

Ford Motor Company, LG Energy Solution and Koç Holding signed a non-binding memorandum of understanding (MoU) to form a new joint venture subject to final agreement by all the parties to create one of Europe’s largest commercial electric vehicle battery cell facilities near Ankara, Turkey. Earlier post.)

Turkey 334
article thumbnail

Ford investing £150M in Halewood plant to scale up EV portfolio

Green Car Congress

Building on its commitment to grow an all-electric vehicle range, Ford has invested a further £125 million in its Halewood Plant, on Merseyside in the UK—increasing capacity by 70%—plus £24 million in the supporting E:PRiME product development center. billion (US$2.6 billion) annually.

Ford 434
article thumbnail

Ford to introduce 7 new electric cars and vans in Europe by 2024; plans for new battery plant

Green Car Congress

Ford will offer a new generation of seven, all-electric, fully-connected passenger vehicles and vans in Europe by 2024. The announcement builds on the recent creation of the Ford Model e business unit focused on the design, production, and distribution of electric and connected vehicles ( earlier post ).

Europe 427
article thumbnail

Ballard to supply fuel cell systems to Ford Trucks for heavy-duty F-MAX hydrogen prototype

Green Car Congress

Ballard Power Systems signed a letter of intent (LOI) with Ford Trucks to supply a fuel cell system as part of the development of a hydrogen fuel cell powered vehicle prototype. The partnership includes an initial purchase order for two FCmove-XD 120 kW fuel cell engines that are planned to be delivered by Ballard to Ford Trucks in 2023.

Ford 195
article thumbnail

BloombergNEF shares its 2024 Electric Vehicle Outlook

Teslarati

The auto industry continues to shift toward electric vehicles (EVs), and while sales growth has slowed somewhat this year at many companies and in many markets, recent guidance shows that it may only be in the near-term. Last month, Bloomberg data suggested that the ongoing EV sales slowdown in the U.S.

article thumbnail

Ford sources battery capacity and raw materials for 600K EV annual run rate by late 2023, 2M by end of 2026; adding LFP

Green Car Congress

Ford announced a series of initiatives for sourcing battery capacity and raw materials that light a clear path to reach its targeted annual run rate of 600,000 electric vehicles by late 2023 and more than 2 million by the end of 2026. Ford announced that Contemporary Amperex Technology Co., 150,000 F-150 Lightnings for North America.

Ford 221
article thumbnail

Ford announces new battery production facility JV with LG

Teslarati

Ford has announced that it has signed a memorandum of understanding (MOU) with LG and KOÇ Holdings to construct a battery production facility in Ankara, Turkey. While Ford has outlined a massive electric production overhaul in North America , it has yet to do so in Europe.

Ford 98