SK Innovation Co. said the termination of a battery joint venture with Ford Motor Co. in the US resulted in a 3.7 trillion won ($2.6 billion) asset loss, as the cost of a pullback in global electric vehicle ambitions ripples through the supply chain.
SK Innovation Co. said the termination of a battery joint venture with Ford Motor Co. in the US resulted in a 3.7 trillion won ($2.6 billion) asset loss, as the cost of a pullback in global electric vehicle ambitions ripples through the supply chain.
SK Innovation Co. said the termination of a battery joint venture with Ford Motor Co. in the US resulted in a 3.7 trillion won ($2.6 billion) asset loss, as the cost of a pullback in global electric vehicle ambitions ripples through the supply chain.
SK Innovation Co. said the termination of a battery joint venture with Ford Motor Co. in the US resulted in a 3.7 trillion won ($2.6 billion) asset loss, as the cost of a pullback in global electric vehicle ambitions ripples through the supply chain.
Ford Motor Co. canceled a 9.6 trillion won ($6.5 billion) battery agreement with LG Energy Solution Ltd. after the US automaker rolled back its electric vehicle ambitions.
Ford Motor Co. canceled a 9.6 trillion won ($6.5 billion) battery agreement with LG Energy Solution Ltd. after the US automaker rolled back its electric vehicle ambitions.
Ford announced it would take $19.5 billion in charges tied to a sweeping overhaul of its EV business. Photographer: Alex Kraus/Bloomberg
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