Ford-BTR’s $120 million anode deal captures a battery industry in flux

A new Ford Mustang Mach-E GT X Electric vehicle parking at Electrify America EV charging station

Ford has agreed to pay $120 million to an ex-China subsidiary of BTR for synthetic graphite anode materials in a deal that demonstrates how major mid to downstream battery players are responding to low prices. The deal will see Ford and its related companies sourcing synthetic graphite anode materials from Mediterranean Mediterranean New Material Technology […]

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