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15 Jul
14:46

SK On, Ford finalise $7.7 billion US battery JV

South Korean battery manufacturer SK On and US carmaker Ford have finalised their BlueOval SK joint venture, temporarily headquartered in Georgia, Kallanish reports. The 50-50 JV will build three battery production plants in the US with a total capacity of 129 gigawatt-hours. One gigafactory will be built in Tennessee, adjacent to a Ford EV assembly plant in BlueOval City, and two gigafactories will be built in Kentucky. They will sequentially operate from 2025, S…
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