SK On, EcoProBM and Ford are jointly investing 800,000 euros in the construction of a production plant for cathode materials (CAM). In the future, this plant will secure the material supply for the batteries of Ford’s upcoming electric vehicles. Starting in the first half of 2026, the plant is expected to be capable of producing 45,000 metric tons of CAM annually. EcoPro CAM Canada LP will produce cathode materials, more specifically nickel-cobalt-manganese (NCM), which are expected to offer higher performance and longer range for electric vehicles through EcoPro’s core shell gradient (CSG) technology compared to existing products. Construction of the 280,000-square-foot site has already begun. The resulting six-story building will create more than 345 new jobs in Canada, ranging from engineers to sales and service professionals to co-op positions for local university and college students. In addition, EcoPro CAM Canada LP will conduct research and development projects designed to improve battery safety and performance, increase productivity and minimize the environmental footprint of the manufacturing process. Source: https://media.ford.com/content/fordmedia/fna/us/en/news/2023/08/17/ecoprobm–sk-on–ford-investing-in-quebec–building-cathode-plan.html#