SK On
LG and SK On lay off staff because it reduces EV investments in N. America
LG Power Resolution (LGES) and SK On are shedding staff because it reduces electrical automobile (EV) investments in North America. The South Korean battery suppliers are slowing their growth in North America on account of sluggish demand within the electrical automobile market. LG Power Resolution introduced it might be shedding 170 staff at its Michigan […]
Examine on Ford’s BlueOval SK reveals development impression it should have in Kentucky
A research on Ford’s $5.8 billion BlueOval SK battery park reveals the expansion impression it should have in Kentucky. The Hardin County Chamber of Commerce (HCCC) lately launched a long-term financial impression research it commissioned to point out the consequences Ford’s BlueOval SK Battery park would have on Elizabethtown, Hardin County, and the state of Kentucky. “With […]
Ford invests $800M+ on cathode plant in Canada with SK On
Ford, South Korean battery provider SK On, and EcoProBM plan to speculate CAD$1.2 billion (US$800+ million) in Québec, Canada, on a cathode manufacturing facility. The cathode facility will probably be positioned in Bécancour, Québec. The ability will create roughly 345 new jobs in Bécancour. Manufacturing on the cathode manufacturing plant is focused to start by […]