South Korean electric vehicle battery maker SK On announced Friday a joint investment of 1.2 billion Canadian dollars ($887 million) with Ford and Korean battery manufacturer EcoProBM to construct a cathode manufacturing facility in Quebec, Canada. This collaboration aims to ensure a consistent supply of cathode material for SK On and expand EcoProBM's market reach. The facility spans 278,000 square meters and i.
Ford Motor Co. and its South Korean partners said Thursday they re building a $1.2 billion manufacturing plant for electric vehicle battery material in Quebec with the help of government funding.
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