Ford has partnered with EcoProBM and SK to build a $900 million cathode battery manufacturing factory in Canada.
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Ford is currently looking forward to increasing its share in the EV market.
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This factory will supply materials for batteries, which will be used in Ford's future EVS vehicles.
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The factory will likely start its production in 2026.
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The construction has already started.
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Recently, General Motors announced its chemical battery materials facility.
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The factory has capacity to produce up to 45,000 tonnes CAM (cathode active materials) year
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