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Ford, partners pick Canada for $900m battery materials plant
A consortium of Ford Motor Co and South Korean companies on Thursday said they would build a C$1.2 billion ($887 million)plant to produce electric vehicle (EVs) battery materials in Becancour, Quebec, a town seeking to become an EV-supply-chain hub, Canada’s industry ministry said.
The consortium includes South Korean partners EcoProBM 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.
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- [Editor:邢亞敏]
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