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Ford and SP are finalizing their US Lograte battery


Four years ago, Ford and Battery Manufacturer Batir SK reached an agreement to form a joint venture and Spend $11.4 billion To build factories in Tennessee and Kentucky that will produce batteries for the next generation of FL-Prosedi vehicles.

Factories sit on the ground; the link cannot be executed.

SK, a subsidiary of nonchara, said on Thursday it had reached an agreement with Ford to end the contract. The two companies will split assets: Ford will take ownership and operate the twin batin plants in Kentucky, while SK will handle the operation in Tennessee.

ONLY SK SAYS THEY WILL HAVE A PLACE TO USE OUR FORNESE TRAINING, According to Bloomberg.

When reached for comment, Ford spokesmen told unccrunch the company is aware of the ske’s disclosure and has nothing to do with it at this time.

A deal was made where the factories were pooling dollars to be able to build cars on cars. Although sales have fallen over the past few years, demand has not driven the manufacturing industry. The end of the tax credit has also changed the timing of sales.

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