From SK On to CATL: Ford reshapes battery strategy
Ford Motor's decision to deepen ties with China's CATL while repurposing assets from its former battery partnership with SK On is drawing scrutiny from South Korea's battery industry as the US automaker pivots aggressively into energy storage. At a time when Washington is seeking to reduce dependence on Chinese battery supply chains, Ford is embracing CATL's battery technology to accelerate its push into the energy storage system, or ESS, market โ a sector increasingly fueled by booming demand f