Ford JV partner SK sees U.S. battery shortage persisting until 2025

Ford JV partner SK sees U.S. battery shortage persisting until 2025

3 years ago
Anonymous $dRhNkMsRKr

https://www.reuters.com/article/sk-innovation-battery/ford-jv-partner-sk-sees-u-s-battery-shortage-persisting-until-2025-idUSKBN2GU2EB

Ford Motor Co's battery joint venture partner, Korea's SK Innovation, expects the U.S. vehicle industry to face a battery supply shortage until 2025 because of the long lead times to build production facilities, top SK executives told Reuters.