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Ford Aims to Build Batteries in U.S. With Korea’s SK Innovation May 20 2021, 11:53 AM May 20 2021, 3:25 AM May 20 2021, 11:53 AM (Bloomberg) Ford Motor Co. and South Korea’s SK Innovation Co. are poised to announce Thursday they’ve reached an agreement to jointly build electric-vehicle batteries in the U.S. (Bloomberg) Ford Motor Co. and South Korea’s SK Innovation Co. are poised to announce Thursday they’ve reached an agreement to jointly build electric-vehicle batteries in the U.S. The two companies have reached a memorandum of understanding to pursue a joint venture to manufacture the power sources that are critical to becoming competitive in the emerging EV market, according to people familiar with the deal who asked not to be identified. SK already supplies batteries for Ford’s new electric F-150 Lightning pickup, which was driven this week by President Joe Biden after he toured the Michigan factory where it’s made.

United statesSouth koreaJim farleyJoe bidenLg energy solutionLg chem ltdBloomberg ford motor coKorea sk innovation coUs international trade commissionPresident joe bidenChief executive officer jim farleyTrade commissionஒன்றுபட்டது மாநிலங்களில்தெற்கு கொரியாஜிம் ஃபார்லீஓஹோ பிடென்