In December, more than 1,500 BlueOval SK workers were notified of their termination, just a few months after the plant went into production. The abrupt pivot at the Glendale plant is a result of ...

About 1,600 Kentuckians will be laid off as Ford Motor Co. repurposes its battery manufacturing capacity and facilities in the Bluegrass State to make energy storage systems for data centers, utility ...

Ford Motor and SK On built a pair of electric vehicle battery plants in Glendale, Ky. (Christopher Otts/WSJ) Ford Motor and SK Group are ending their joint effort to produce electric-vehicle batteries ...

Ford Motor Co. and its South Korean battery partner are getting a divorce, signaling just how badly demand for electric vehicles is missing industry expectations. SK On said Thursday it's reached an ...

NEEDED. JENNIFER. ALL RIGHT. ADDIE, THANK YOU. AN OWNERSHIP SHAKEUP FOR THE MASSIVE ELECTRIC CAR BATTERY PLANT IN HARDIN COUNTY AFTER A SOUTH KOREAN COMPANY AND FORD IN THEIR RELATIONSHIP IN ...

SK On is unwinding its US battery joint venture with Ford Motor Co., ending a three-year partnership as it accelerates its move toward fully independent production in the North American market. The ...

In central Kentucky, Ford plans to build a dedicated battery manufacturing complex with SK Innovation – the $5.8 billion BlueOvalSK Battery Park – creating 5,000 jobs. Twin battery plants on the site ...

Four years ago, Ford and South Korean battery maker SK On struck a deal to form a joint venture and spend $11.4 billion to build factories in Tennessee and Kentucky that would produce batteries for ...

Cast your mind back to 2021. Electric vehicles were hot stuff, buoyed by Tesla’s increasingly stratospheric valuation and a general optimism fueled by what would turn out to be the most significant ...

SK On and Ford Motor Co. are restructuring their BlueOval SK battery manufacturing joint venture. Under the new agreement, SK On will take full ownership of the Tennessee plant, and a Ford subsidiary ...

Investing.com -- Ford Motor Co. and South Korea’s SK Innovation Co. have agreed to dissolve their U.S. battery-making joint venture, with each company taking independent control of different ...

HARDIN COUNTY, Ky. (Wall Street Journal/WAVE) - South Korean battery maker SK On and Ford Motor company will dissolve their partnership. This will result in Ford taking full ownership of Blue Oval SK ...