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SK On announced Thursday that it has decided to end its joint venture with Ford Motor for their U.S. battery factories, marking a significant shift in strategy for the South Korea–based battery maker.

BlueOval SK's mission was to build batteries for Ford's electric vehicles, and it's unclear if that changes now that the ...

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Korea's SK On exits Ford joint venture as EV demand wanes, shifting focus to energy storage while leaving Ford holding key ...

Ford opened orders for the Bronco EV last month with pre-sale prices starting at RMB 229,800 ($32,300). Although it is ...

SK On will end its US joint venture with Ford Motor as they refocus strategies in a cooling electric vehicle market.

The factories live on; the joint venture will not. The two companies will divide the assets: Ford will take ownership and ...