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Ford and SK On finalize BlueOval SK joint venture for EV battery plant in Tennessee · Endata

◂ Announcements

Jul 14, 2022PARTNERSHIPStanton, Tennessee, United States

Ford and SK On finalize BlueOval SK joint venture for EV battery plant in Tennessee

Ford and SK On finalized a 50-50 joint venture called BlueOval SK for a $5.6 billion EV battery plant at BlueOval City in Stanton, Tennessee, expected to create 5,800 jobs and start production in early 2025.

Value

$5.60B

Jobs

5,800

Status

Announced

Productselectric vehicle batteries

CompaniesFord Motor Company partner SK On partner

Sectors#Automotive Components #Semiconductors and Industrial Electronics

“Ford and SK On finalized plans this week for a joint venture EV battery plant at BlueOval City in Haywood County.”commercialappeal.com

1 source
commercialappeal.comFord and SK On finalize plans for EV battery plant joint venture at BlueOval CityJul 14, 2022

Summarized from public sources; check the original articles before acting on it.

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