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Ohio, Texas emerge as candidates for SK-Ford battery joint venture


Posted : 2021-05-30 16:10
Updated : 2021-05-30 16:46
U.S. President Joe Biden delivers remarks after touring the Ford Rouge Electric Vehicle Center in Dearborn, Mich., May 18. Reuters-Yonhap
By Kim Yoo-chul
Two U.S. states ― Ohio and Texas ― are emerging as the candidates to house SK Innovation s (SKI) battery joint venture with Ford Motor, with Ohio gaining a slight edge over Texas, two sources told The Korea Times, Sunday.
A few weeks ago, SKI and Ford said they signed a memorandum of understanding for a battery joint venture that would be called BlueOvalSK. Production of battery cells as well as support modules is set to start by 2025, according to the companies. ....

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Biden administration backs Willow oil project in Alaska's Arctic


ArcticToday
The project s approvals from the outgoing Trump administration are now the subject of a legal battle.
ByKanishka Singh, Reuters
U.S. President Joe Biden delivers remarks after touring Ford Rouge Electric Vehicle Center in Dearborn, Michigan on May 18, 2021. (Leah Millis / Reuters File Photo)
U.S. President Joe Biden’s administration defended on Wednesday a proposed ConocoPhillips oil development in Alaska’s Arctic, backing the drilling project which was approved under the administration of former President Donald Trump.
“A Wednesday filing by the U.S. Department of Justice continues to defend a 2020 Record of Decision for the Willow Project in the National Petroleum Reserve – Alaska (NPR-A)” a spokesman of the U.S. Interior Department said in an email. ....

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