SK On restructures battery joint venture with Ford, to independently operate Tennessee plant

Published: May 22, 2026 10:47

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SK Innovation disclosed on May 21 that, following the completion of the restructuring of BlueOval SK, its joint venture with Ford, SK On has converted the existing Tennessee plant into “SK On Tennessee” and begun independent operations.

Accordingly, the existing investment plan for SK Battery America has also been changed from joint venture establishment and plant investment to independent operation of the Tennessee plant.

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