May. 21 at 10:42 AM
$F $NSANY Ford to let Nissan use part of Kentucky battery factory, WSJ reports
Ford (F) plans to allow Nissan (NSANY) to use part of its Kentucky battery plant due to slower EV demand, The Wall Street Journal's Christopher Otts reports, citing people familiar with the plan. Ford's EV losses totaled
$5B in 2024 and are projected to be another
$5B this year, while Nissan is seeking U.S.-made batteries to cut tariff exposure amid financial struggles and job cuts.