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 ...
About 1,600 Kentuckians will be laid off as Ford Motor Co. repurposes its battery manufacturing capacity and facilities in the Bluegrass State to make energy storage systems for data centers, utility ...
Quebec, Saskatchewan and Alberta are now home to active efforts to leave Canada You can save this article by registering for free here. Or sign-in if you have an account. First Reading is a Canadian ...
Agriculture processor Cargill Limited has pushed back the opening of its new Regina-based canola crushing plant until spring 2026, according to the company. The $350-million canola processing project, ...
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 ...
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 ...
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 production in the North American market. The ...
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 (Reuters) - South Korean battery maker SK On said on Thursday that it has decided to end its joint venture with Ford Motor (F.N), opens new tab for their joint battery factories in the U ...
SK On said Thursday it has agreed with Ford Motor to end their three-year joint operation of BlueOval SK, restructuring the U.S. battery manufacturing venture. Under the agreement, each company will ...
The South Korean battery maker SK On that had partnered with Ford Motor Co. for U.S. production of parts for electric vehicles, including in Kentucky, is ending the joint venture. SK On and Ford said ...
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 ...
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