SK-On, Ford and Koc Holding sign MoU to set up EV battery production plant in Turkey

Strategic Partnerships

The SK On – Ford – Koch JV plans to set up an EV battery plant near Ankara in Turkey

SK On and Ford Motor Company have expanded their EV battery alliance to Europe as the two companies have signed a memorandum of understanding (MoU) with Koc Holding to establish a JV for production of EV batteries in Turkey, SK On said on 14 March 2022.

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