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SK On, Ford agree to dissolve $11B battery joint venture across 3 U.S. factories

SK On and Ford agreed to dissolve their $11 billion BlueOval SK battery joint venture, splitting ownership of three U.S. plants as both companies adjust to slowing EV demand. Ford will take over two Kentucky factories, while SK On assumes full control of the Tennessee plant and plans to supply batteries to Ford and other customers.

SK On, EcoPro BM to build $886 million plant with Ford in Quebec

SK On, EcoPro BM and Ford will jointly pour 1.2 billion Canadian dollars ($886 million) to construct a cathode plant in Quebec, Canada, the...

U.S. road renamed ‘SK Boulevard’ in dedication of SK On

After driving some 70 miles east of Atlanta, the capital city of Georgia, a road named SK Boulevard comes into view. The road, near SK...

SK On signs deal with Colorado-based Westwater Resources to develop anode materials

  SK On signed an agreement with Colorado-based Westwater Resources to co-develop anode materials, the key component in making electric vehicle batteries. Under the three-year agreement,...

Korean companies to invest $8 billion in U.S. battery factories

SK On and Hyundai Motor and related companies will together invest $5 billion to build an electric vehicle battery plant in Georgia, a major...

SK On-Ford battery joint venture breaks ground in Kentucky

BlueOval SK, a joint venture between SK On and Ford Motor Company, broke ground on two electric vehicle (EV) battery plants in Kentucky on...

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