Ford and SK On to scrap Turkey EV battery factory plan
On January 9, SK On reportedly dropped a plan to build a KRW 4 trillion (USD 3.2 billion) JV plant with Ford in Turkey as higher interest rates deteriorated funding conditions.
The South Korean battery maker recently withdrew a preliminary agreement with US automaker Ford Motor Co. and Turkey's investment holding com....
The South Korean battery maker recently withdrew a preliminary agreement with US automaker Ford Motor Co. and Turkey's investment holding com....
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