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GLENDALE, Ky. — Ford Motor and South Korea’s SK Innovation Co. are ending their U.S. battery-making joint venture, Gov. Andy Beshear, D-Ky., said in a news briefing Thursday. According to a report ...
Ford confirmed on December 15 that it will end production of the all-electric F-150 Lightning as part of a broader strategic ...
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 ...
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 ...
SEOUL, Dec. 11 (Yonhap) -- South Korean battery maker SK On Co. said Thursday it has agreed with Ford Motor Co. to seek separate ownership and operation of their U.S. plants to end their joint venture ...
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 ...
The South Korean battery manufacturer, a subsidiary of SK Innovation, said it has ended the EV battery partnership at two plants in the U.S. to shift focus towards Energy Storage Systems. "The ...
In 2022, SK On and Ford invested $11.4 billion to build the joint battery plants in the United States. SK On posted an operating loss of 124.8 billion won ($84.72 million) for the July-September ...
South Korean battery maker SK On and American auto giant Ford Motor Co. have agreed to end their joint U.S. battery factory venture, with the companies opting to independently operate their own ...
Desperate to catch up with Chinese automakers, Ford is redesigning its fleet with a Silicon Valley-style team. Is it too late? Power ⚡︎ Moves Desperate to catch up with Chinese automakers, Ford is ...
ELIZABETHTOWN, Ky. — The Wall Street Journal reports Ford Motor and SK Group are ending their joint effort to produce electric-vehicle batteries in the U.S., with Ford taking sole ownership of twin ...