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Top related persons:
Phil Noble - 1 EcoProBM - 1 Ford - 1 Lisa Drake - 1 EVs - 1 Francois - 1 Philippe Champagne - 1 Steve Scherer - 1
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Liverpool Britain Becancour Quebec North America Ontario St Lawrence
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Ford - 1 REUTERS - 1 Rights OTTAWA - 1 Ford Motor - 1 South - 1 SK - 1 Co - 1 Ford EVs - 1

Search resuls for: "Lisa Drake"


2 mentions found


☆ Ford, partners pick Canada for $900 mln battery materials plant
  + stars: | 2023-08-17 | by ( Steve Scherer | ) www.reuters.com   time to read: +3 min
The Ford logo is seen on the grill of an E-transit concept vehicle at the Ford Halewood transmissions plant in Liverpool, Britain, December 1, 2022. The consortium includes South Korean partners EcoProBM (247540.KQ) and SK On Co Ltd, according a statement from the ministry. The factory will eventually produce 45,000 tonnes of cathode active materials (CAM) per year for Ford EVs. Ford in a separate statement described the materials as high-quality Nickel Cobalt Manganese (NCM) for rechargeable batteries that are targeting greater performance and improved EV range. Germany's BASF SE (BASFn.DE) is also building a battery materials factory there.
Persons: Phil Noble, EcoProBM, Ford, Lisa Drake, EVs, Francois, Philippe Champagne, Steve Scherer, Jane Merriman, Mark Porter Organizations: Ford, REUTERS, Rights OTTAWA, Ford Motor, South, SK, Co, Ford EVs, Reuters, General Motors Co, BASF, Volkswagen, Fiat, Chrysler, Detroit, Thomson Locations: Liverpool, Britain, Becancour, Quebec, North America, Ontario, St, Lawrence, Canada
☆ Ford to move forward with $3.5 billion EV battery plant with Chinese company
  + stars: | 2023-02-13 | by ( Michael Wayland | ) www.cnbc.com   time to read: +6 min
DETROIT – Ford Motor said Monday it will collaborate with a Chinese supplier on a new $3.5 billion battery plant for electric vehicles in Michigan, despite tensions between the U.S. and China. Glenn Youngkin saying he was withdrawing the state from a competitive process to attract the planned Ford plant over its connection to the Chinese company. The new batteries are expected to offer different benefits at a lower cost, assisting Ford in increasing EV production and profit margins. With this $3.5 billion investment, Ford says it and its battery partners have announced $17.6 billion in investments in electric vehicle and battery production in the United States since 2019. Gretchen Whitmer called the investment a "big win" for the state, which has moved to attract more battery production after missing out on previous multibillion investments.
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