Korea Joongang Daily
Korea JoongAng Daily

U.S. government to loan $9.2 billion to BlueOval SK for battery factories

BlueOval SK, a joint battery venture between SK On and Ford Motor, will receive a $9.2 billion loan from the U.S. government for their joint three electric vehicles (EVs) battery factories in Kentucky and Tennessee.

2023-06-23

SK Battery in Kentucky

U.S. Secretary of Transportation Pete Buttigieg, far right, listens to a worker’s explanation on Friday as he visits the site of the BlueOval SK Battery Park Kentucky with vice president of the Ford EV Industrialization Lisa Drake, on far left, and..

2023-03-05

Construction well underway at BlueOval SK's Kentucky sites

About a one-hour ride from Louisville, the biggest city in Kentucky, sits Glendale, a small town with about 2,000 residents. The quiet town is calm and peaceful until reaching a site in which two massive EV battery plants are being built.

2023-01-15