Ford is betting big on the electrification of its European lineup and wants to sell only battery-powered vehicles on the continent by the end of the decade. The light commercial segment will play a key role in this strategy and in support of its progress, the Blue oval announces a partnership with LG Energy Solutions for a new battery plant in Turkey. The two sides – together with the local Koc Holding – have signed a non-binding memorandum of understanding to form a new joint venture. The deal is subject to final agreement by all three parties involved.
Ford aims to build one of the largest commercial vehicle battery cell factories in Europe with its partners. It will be located in the industrial zone in Baskent, near Ankara in Turkey. Ford is confident the project is on track and expected to break ground later this year with actual production planned to begin in 2026. Ford, LG, and Koc commit to at least 25 GWh of annual production capacity with a possible expansion to up to 45 GWh per year.
