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South Korea’s SK On has rejected media reports that it has dropped a plan with Ford to build an electric vehicle battery factory in Turkey to instead focus on the US market.
Australia’s chief economist described EV penetration in Europe as stalling in 2022.
"After signing the [Memorandum of Understanding] in March 2022, discussions continue but have not been completed on the [Joint Venture]," a spokesperson for SK On told Mining Journal via email.
The project will be CATL's second in European after its German plant
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