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24 May 2021 1:42 pm / 0 comments Ford and South Korea’s SK Innovation announced last week that they have signed an MoU to create a joint venture to produce approximately 60 GWh annually in traction battery cells and array modules. The plan for the JV – to be called BlueOvalSK – is to start production mid-decade, with potential to expand. “Through the JV, Ford and SKI will jointly develop and industrialise battery cells at scale that are tailored to deliver optimum performance and value for our Ford and Lincoln customers. SKI is an important partner in helping deliver batteries with better range and value for our fully electric vehicles by mid-decade,” said Lisa Drake, Ford’s North America COO.

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