Ford has cancelled a $6.5 billion EV battery contract with South Korea’s LG Energy Solution. Ford cancelled a $6.5 billion EV battery deal with LG Energy Solution. The move reflects Ford's shift to ...
SEOUL, Dec 17 (Reuters) - South Korea's LG Energy Solution (373220.KS), opens new tab said on Wednesday that Ford Motor (F.N), opens new tab has terminated an electric vehicle (EV) battery-supply deal ...
US vehicle giant Ford has cancelled an electric vehicle (EV) battery-supply deal worth about 9.6 trillion won ($6.5 billion) with South Korea's LG Energy Solution (LGES), the South Korean firm ...
Ford is redeploying capital away from select large EVs and into trucks, hybrids, affordable EVs, and battery energy storage, while taking sizeable EV-related charges and still raising 2025 profit ...
Ford Motor Co. canceled a $6.5 billion (9.6 trillion won) battery agreement with LG Energy Solution Ltd. as the Dearborn automaker continues rolling back its electric vehicle ambitions. Ford notified ...
Ford Motor Co. cut back its electric vehicle plans last week in a major announcement, but it simultaneously placed a big bet on a new business line: producing batteries for energy storage. The pivot ...
By attaching sensors and gateways, the Clarios system monitors battery health and can detect issues such as disconnected ...
LG Energy said Wednesday that it had received formal notice from Ford ending a six-year deal valued at $6.5 billion to supply EV battery cells and modules. The deal was set to commence in January 2027 ...
Ford is cutting over 1,000 jobs at its planned electric vehicle battery plant in Glendale, Kentucky. Kentucky Gov. Andy Beshear blames the job losses on President Donald Trump and U.S. Rep. Brett ...
A 2022 Ford F-150 PowerBoost owner is facing a $5,200 "out-of-warranty" nightmare after his hybrid battery was found with visible burn marks just 3,000 miles past the 100,000-mile limit.
LG Energy Solution said Wednesday it has been notified of the cancellation of a 9.6 trillion won ($6.5 billion) battery supply order from Ford Motor signed last year. "This matter concerns the ...