Ford, SK On to split joint venture
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South Korean battery maker SK On said it will end its joint venture with Ford Motor Co. for United States-based battery production.
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Ford, SK On end partnership, Ford will take ownership of BlueOval SK
The first battery rolled off the plant in August 2025.
Gov. Andy Beshear says Ford’s commitment to Kentucky remains strong after SK On ends its joint venture with the automaker, shifting full control of state battery operations to Ford.
SK On is unwinding its US battery joint venture with Ford Motor Co., ending a three-year partnership as it accelerates its move toward fully independent product