Amid Ford’s shift away from making large electric vehicles, the automaker is adding a new product line to find a home for its batteries. Ford said Monday that instead of scuttling plans to build the ...
HUNDREDS OF CARS THROUGHOUT THE CITY. WHAT LED TO THEIR ARRESTS? BUT FIRST, FORD ANNOUNCES MAJOR CHANGES AT ONE OF ITS KENTUCKY PLANTS THAT COULD IMPACT HUNDREDS OF LOCAL WORKERS. THE AUTO GIANT PLANS ...
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 ...
Ford dissolves its battery joint venture with SK On, mirroring GM's recent strategic pullbacks, as automakers retool EV plans amid shifting market demands.
NEEDED. JENNIFER. ALL RIGHT. ADDIE, THANK YOU. AN OWNERSHIP SHAKEUP FOR THE MASSIVE ELECTRIC CAR BATTERY PLANT IN HARDIN COUNTY AFTER A SOUTH KOREAN COMPANY AND FORD IN THEIR RELATIONSHIP IN ...
In central Kentucky, Ford plans to build a dedicated battery manufacturing complex with SK Innovation – the $5.8 billion BlueOvalSK Battery Park – creating 5,000 jobs. Twin battery plants on the site ...
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 ...
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 ...
Ford Motor Co. has once again pivoted and is dramatically changing its electric vehicle strategy — creating major ramifications in Kentucky, including the layoff of more than 1,000 workers. On Dec. 15 ...
In 2022, SK On and Ford invested $11.4 billion to build the joint battery plants in the United States. SK On posted an operating loss of 124.8 billion won ($84.72 million) for the July-September ...
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