Ford Motor Co. and South Korean conglomerate SK On have ended their EV battery endeavors. What it means for the BlueOval SK Battery Park in Kentucky.
SK On said it's made an agreement with Ford to exit their electric vehicle battery joint venture in Kentucky and Tennessee.
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LOUISVILLE, Ky. (WDRB) -- Ford Motor Co. and SK On will end their partnership that sparked the massive battery plant in ...
The split between Ford and SK On comes as the industry moves away from EVs amid dwindling demand.
The factories live on; the joint venture will not.