In December, more than 1,500 BlueOval SK workers were notified of their termination, just a few months after the plant went into production. The abrupt pivot at the Glendale plant is a result of ...
Over 1,500 workers at the BlueOval SK Battery Park in Kentucky will be laid off starting in February. The layoffs follow Ford's decision to repurpose the plant from making electric vehicle batteries ...
The announcement from SK On raises questions about the fate of three large U.S. factories slated to produce electric vehicle batteries. A Korean battery-maker is ending its partnership with Ford, ...
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. and its South Korean battery partner are getting a divorce, signaling just how badly demand for electric vehicles is missing industry expectations. SK On said Thursday it's reached an ...
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 ...
SEOUL, Dec 11 : South Korean battery maker SK On said on Thursday that it has decided to end its joint venture with Ford Motor for their joint battery factories in the U.S. as part of a business ...
MEMPHIS, Tenn. — South Korean battery giant SK On is ending its partnership with the Ford Motor Company and will take over the battery plant at BlueOval City, Reuters is reporting. SK On said on ...
Investing.com -- Ford Motor Co. and South Korea’s SK Innovation Co. have agreed to dissolve their U.S. battery-making joint venture, with each company taking independent control of different ...
SK hynix on Wednesday confirmed it is exploring a potential listing of its treasury shares on a US stock exchange via American Depositary Receipts, signaling a push to elevate its global market ...
MONITOR TWP — SK Siltron CSS is moving production work from its Auburn-area facility to its site on Straits Drive in Monitor Township. The company said the move is part of an operational restructuring ...
South Korean oil refiner SK Innovation Co. has raised 5 trillion won ($3.4 billion) through local brokerage Meritz Securities Co., completing one of the country’s largest corporate financing deals.