Despite the short-term headwinds, SK’s Ahn said demand for EV batteries is expected to gradually recover this year and be ...

Ford Motor Co. has terminated its multi-billion dollar supply deal with South Korea-based LG Energy Solution for 75 gigawatt hours of battery cells for its electric vehicles, according to a Dec. 18 ...

LGES’s Polish factory near Wrocław loses a key customer South Korean battery manufacturer LG Energy Solution Ltd (LGES) has revealed in a regulatory filing that it has been notified by Ford Motor ...

In the wake of its decision to pivot from certain EV production to the energy business, Ford Motor (F) has terminated its partnership with South Korea’s LG Energy Solutions. In October 2024, LG Energy ...

SEOUL, Dec 17 (Reuters) - South Korea's LG Energy Solution (373220.KS), opens new tab said on Wednesday that Ford Motor (F.N), opens new tab has terminated an electric vehicle (EV) battery-supply deal ...

Two Ford dealers say the automaker reimbursed just a fraction of the real cost for EV battery replacements, leaving them hundreds of thousands of dollars short. Ford allegedly under-reimbursed dealers ...

Amid Ford’s shift away from making large electric vehicles, the automaker is adding a new product line to find a home for its batteries. Ford said Monday that instead of scuttling plans to build the ...

Four years ago, Ford and South Korean battery maker SK On struck a deal to form a joint venture and spend $11.4 billion to build factories in Tennessee and Kentucky that would produce batteries for ...

Certain model Ford Escape and Lincoln Corsair plug-in hybrid cars are being recalled. A detected battery issue in these vehicles could increase the risk of an injury or fire. Owners of the recalled ...

Ford will ditch the huge battery strategy with its upcoming $30,000 entry-level electric pickup truck. While coy on details, the company hinted that its affordable new EV will be powered by a battery ...

WASHINGTON — Ford Motor Co. confirmed Tuesday that its multibillion-dollar battery plant in south-central Michigan remains “on track” to qualify for a crucial federal tax credit, despite new federal ...

Ford is planning to proceed with opening an electric vehicle battery plant in Michigan, even as Republican lawmakers move to eliminate the Biden-era EV tax credits. On Monday, Ford gave reporters a ...