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Mobility

Ford bets $2 billion to convert U.S. gasoline plant into EV factory

Ford is moving to expand electric-vehicle production in the United States despite reduced EV support and industry restructuring. It is investing $2 billion in Kentucky’s Louisville Assembly Plant to convert a 3 million square foot internal combustion production site into an EV-only factory under its Universal EV project. Ford plans to build a new mid-sized electric truck, the Fathom, there, with prototypes due in 2027.

Industry

Anthro Energy breaks ground on U.S. battery materials plant to pave way for all-solid-state batteries

U.S. battery materials company Anthro Energy has broken ground on an electrolyte production plant in Louisville, Kentucky, with annual capacity of 25 GWh. The company aims to supply materials for more than 300,000 electric vehicles and build a U.S. battery materials supply chain that reduces reliance on China. The plant targets a 2028 start-up. Federal and state support includes U.S. Department of Energy funding and tax credits, as well as Kentucky incentives tied to 110 permanent jobs.

Industry

LG Energy Solution starts full operations at Lansing plant making ESS and EV batteries

LG Energy Solution is stepping up local production in the North American battery market by launching full operations at its Lansing plant in Michigan. The company held an opening ceremony on Aug. 19 attended by Governor Gretchen Whitmer, U.S. Interior Secretary Doug Burgum and CEO Kim Dong-myung (김동명). The plant will produce LFP batteries for energy storage systems and NCM batteries for electric vehicles, with annual capacity of more than 35 GWh.