Ford To Open $100Mln Electric Vehicle Battery Research Park In US State Of Michigan
Muhammad Irfan 2 months ago Wed 28th July 2021 | 02:20 AM
WASHINGTON (UrduPoint News / Sputnik - 28th July, 2021) A $189-million investment in new battery technology and speedier manufacturing methods will include a $100 million industrial park to accelerate vehicle electrification efforts, Ford said.
"A new collaborative learning lab opening next year, Ford Ion Park represents $100 million of Ford's $185 million investment in developing, testing, and building vehicle battery cells and cell arrays," Ford said in a press release on Tuesday.
The Ion Park facility will provide a home base for research on new battery technology and piloting advanced manufacturing techniques to quickly scale production of new battery designs, the release said.