Ford options to build an electrical-vehicle battery plant in Turkey with South Korean battery maker SK On and its Turkish joint enterprise companion, Koc Keeping.
The plant aims to have an annual generation capacity of 30 to 45 gigawatt-hrs, Ford and SK On reported on Monday.
It will be found in close proximity to the Turkish capital, Ankara, and will manufacture high-nickel NMC cells for assembly into battery array modules.
The plant is targeted to get started functions by 2025, and it will be just one of the biggest EV battery facilities in the broader European area, Ford stated.
Ford ideas to make a new version of its Transit Tailor made van for the European market in Turkey in 2023 including complete-electric and hybrid variants along with the combustion-engined model.
Ford said on Monday that Ford Otosan, Ford’s Turkish joint undertaking with Koc Holding, will think possession of the automaker’s plant in Craiova, Romania. Ford strategies to make electric versions of the new Transit Courier and Tourneo Courier vans in Craiova in 2024. The vans are currently designed in Turkey.
SK introduced past calendar year a plan to invest 10.2 trillion won ($8.22 billion) with Ford to construct 3 battery crops in the U.S.
SK presently has battery generation web pages in the U.S., Hungary, China and South Korea.
SK On, which is SK Innovation’s wholly owned battery device, counts Ford, Volkswagen and Hyundai between its prospects.
Reuters contributed to this report