https://www.cnbc.com/2021/09/27/ford-battery-supplier-to-spend-11point4-billion-to-build-new-us-plants.html
- “The investment includes two lithium-ion battery plants in central Kentucky and a 3,600-acre campus in west Tennessee called Blue Oval City.
- The plans bolster President Joe Biden’s call for companies to onshore supply chains amid a global shortage of semiconductor chips that has disrupted several industries, including automotive.”
I am always interested in projects such as these if there is a Korean battery connection.
No doubt SK would have had a presence at the battery convention in Korea last week, so did SYA.
The thing is, even if SYA does not get anything out of this project, there are many similar projects involving giants of the auto industry that are in planning for North America.
No lithium miner in North America is further advanced in producing the key element for ev batteries than Sayona.
The Canadian and Korean Governments are doing everything they can to ensure companies from both countries are major contributors to the North American ev industry.
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