Add Yahoo as a preferred source to see more of our stories on Google. FILE PHOTO: Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan By Ben ...
Ford Motor Co. and South Korea’s SK Innovation Co. will break up their U.S.battery-making venture, with the two partners agreeing to independently own and operate production facilities rather than run ...
Ford Motor Co. and South Korean conglomerate SK On have parted ways on their joint electric vehicle battery endeavors — including on the massive $5.8 billion BlueOval SK Battery Park in Glendale. The ...
Ford Motor Company and Seoul, South Korea-based SK Innovation signed a memorandum of understanding to establish a joint venture to domestically manufacture batteries for electric vehicles, the two ...
SK Innovation said the termination of a battery joint venture with Ford Motor in the U.S. resulted in a 3.7 trillion won ($2.6 billion) asset loss, as the cost of a pullback in global electric vehicle ...
This story has been corrected to note that BlueOval SK is a joint venture between Ford and SK On, not its parent company SK Innovation. Electric vehicle sales continue to grow in the U.S. and globally ...
The Trump administration will reduce an up to $9.6 billion US loan to Ford Motor Co. and South Korea’s SK Innovation Co. after the companies announced plans to break up their electric vehicle ...
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 for their joint battery factories in the United States. SK ...
DETROIT/SEOUL (Reuters) -Ford Motor Co and South Korean battery maker SK Innovation are set to launch a battery joint venture in the United States to support the ramp-up of the No. 2 U.S. automaker's ...
(Bloomberg) — SK Innovation Co. said the termination of a battery joint venture with Ford Motor Co. in the US resulted in a 3.7 trillion won ($2.6 billion) asset loss, as the cost of a pullback in ...