Ford Plans to Build a Huge Battery Facility in Turkey!
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- The factory is scheduled to open in 2025 in Turkey and will be capable of producing up to 45 GWh of electric vehicle batteries.
- By 2026, Ford intends to build 2 million electric vehicles every year.
By 2025, Ford’s Turkish partner will collaborate with the company’s battery project to establish one of the world’s largest battery facilities.
According to official filings by the firms, Turkey’s largest conglomerate, Koc Holding AS, has inked an initial agreement to be part of a joint venture between Ford Motor Co. and South Korea’s SK Innovation Co. to manufacture electric car batteries.
Ford plans to build 2 million electrified vehicles per year by 2026, according to the facility. Demand for the automaker’s first electric vehicles has prompted it to increase production and enhance sales projections.
Batteries produced at the new factory in Ankara, Turkey’s capital, are expected to power Ford‘s Transit commercial vans, according to the company’s Turkish cooperation with Koc.
According to Stuart Rowley, head of Ford Europe, the initiative is “the first in a series of big electrification and commercial vehicle announcements we will make this year.”
The firms did not specify how much money will be invested in the Ankara factory, which will be able to produce 30 to 45 gigawatt-hours of battery capacity.
Last year, Ford and SK On, a subsidiary of SK Innovation, announced plans to invest $11.4 billion in Tennessee and Kentucky to build three battery plants and an assembly factory for F-Series electric trucks, the largest investment in the company’s history.
