US EV Battery Plants Ownership Split
Sector: Energy Storage • Location: Kentucky and Tennessee, United States
Source: Asia Business Outlook
SK On and Ford Motor Company have decided to unwind their US battery joint venture established in 2022. Ford will take full ownership and operation of the two Kentucky battery plants, securing over 80 GWh of annual capacity for its electric vehicle models. SK On will take sole ownership of the Tennessee battery plant, allowing independent production management and stronger positioning as a global
- Status
- Under Construction
- Sector
- Energy Storage, Electric Vehicles (EVs), Manufacturing (Industrial), Automotive, Warehouse
- Location
- Kentucky and Tennessee, United States of America
- Updated
- 22 Jul 2026
- Source
- Asia Business Outlook
ConstructChat
Ask ConstructChat about US EV Battery Plants Ownership Split
Pick a question to edit it, or write your own.
First answer free · no account
Project Information FAQ
Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | SK On and Ford Motor Company have decided to unwind their US battery joint venture established in 2022. Ford will take full ownership and operation of the two Kentucky battery plants, securing over 80 GWh of annual capacity for its electric vehicle models. SK On will take sole ownership of the Tennessee battery plant, allowing independent production management and stronger positioning as a global battery supplier. The reorganization responds to changing EV market conditions in the US, including cooling demand and rising costs. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
State | Kentucky and Tennessee |
Source
Source | Asia Business Outlook |
URL |
More Details
Record type | Project |
Sector | Energy Storage, Electric Vehicles (EVs), Manufacturing (Industrial), Automotive, Warehouse |
Article published date | 2025-12-14 |
Research
Free account
View all details
You are reading the public part. A free account opens the rest:
- Every detail on this project
- News and media coverage
- Technical research
Free account · no card · lands you back on this project
More Energy Storage projects in United States
- Tampa Bay Seawater Desalination Plant
- Centrally Managed Pay-and-Display Parking
- Chevron Richmond Refinery
- Nestle Food and Distribution Centre, USA
- Pepperidge Farm Bakery Plant
- Baldock Solar Highway
- Doyle Drive Replacement / Presidio Parkway, San Francisco, US
- Newtown Creek (35-G) North and North Central Batteries