The environmental impact assessment (EIA) process has been completed and approved for Koc Holding’s lithium battery cell and battery factory project in Ankara.
The facility, to be established on an area of 532,000 square meters in Ankara, has an investment cost of TRY 32 billion ($1.4 billion). It is a joint venture with Ford and SK On, originally announced in March.
The investment aims to meet the demand for battery cells and batteries for electric…
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