Ford, South Korea, C$1.2B, Québec, battery plant

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【Summary】Ford and South Korea are investing C$1.2B in a Québec battery plant to produce cathode active materials for electric vehicles, marking Ford's first investment in the province.

FutureCar Staff Aug 17, 2023 10:40 AM PT

Ford, South Korea, C$1.2B, Québec, battery plant

The consortium's primary goal is to manufacture 45,000tpa of cathode active materials (CAM) specifically for electric vehicles (EVs) produced by Ford. This investment by Ford represents the company's initial foray into the province.

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Ford, South Korea, C$1.2B, Québec, battery plant

【Summary】Ford and South Korea are investing C$1.2B in a Québec battery plant to produce cathode active materials for electric vehicles, marking Ford's first investment in the province.

FutureCar Staff

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