More than 1,500 layoffs at Kentucky’s BlueOval SK will begin next year on Feb. 14. The electric vehicle battery plant was the result of a now defunct joint venture between Ford Motor Co. and South ...

Over 1,500 workers at the BlueOval SK Battery Park in Kentucky will be laid off starting in February. The layoffs follow Ford's decision to repurpose the plant from making electric vehicle batteries ...

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 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 ...

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 ...

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The BlueOvalSK Battery Park is no more. In a massive shakeup for the US electric vehicle supply chain, Ford and South Korean battery giant SK On announced today that they are ending their massive ...

South Korean battery maker SK On said on Thursday that it has decided to end its joint venture with Ford Motor for their joint battery factories in the U.S. as part of a business overhaul to focus on ...

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 ...

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 in ...

Ford Motor Co. and South Korean conglomerate SK On have parted ways on their joint electric vehicle battery endeavors — including on the massive $5.8 billion BlueOval SK Battery Park in Glendale. The ...

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 ...