Ford Motor Co. cut back its electric vehicle plans last week in a major announcement, but it simultaneously placed a big bet on a new business line: producing batteries for energy storage. The pivot ...

Just days after dialing back its electric vehicle plans, and barely a week after abandoning its $11.4 billion battery venture with South Korean firm SK On, Ford has now cancelled another high-stakes ...

Ford has canceled an electric vehicle battery contract with LG worth 9.6 trillion Korean won (US$6.52 billion). The contract was set to run from 2027 to 2032. The cancellation is tied to Ford's ...

What just happened? Following weeks of rumors, Ford has indicated that it will end production of the all-electric F-150 Lightning pickup truck. The move is the clearest sign yet that electric ...

LOUISVILLE, Ky. (WDRB) -- All 1,600 employees of the brand new electric vehicle battery plant in Kentucky will be laid off before Ford converts it to manufacture batteries for data centers and other ...

HARDIN COUNTY, Ky. (WAVE) - BlueOval SK’s Battery Park in Glendale, Hardin County rolled out its first battery in August 2025 after years of development and delays. In the span of the week, BlueOval ...

Ford Motor Co. has once again pivoted and is dramatically changing its electric vehicle strategy — creating major ramifications in Kentucky, including the layoff of more than 1,000 workers. On Dec. 15 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The automaker is taking on $19 ...

Taking a page from the Ram playbook, Ford says it will make the next generation of its F-150 Lightning pickup an extended-range hybrid, giving the electric truck more range and greater towing ...

In 2021, Ford and South Korean battery manufacturer SK On committed to a massive $11.4 billion investment aimed at building several joint-venture electric vehicle battery plants across the United ...

Ford Motor and SK On built a pair of electric vehicle battery plants in Glendale, Ky. (Christopher Otts/WSJ) Ford Motor and SK Group are ending their joint effort to produce electric-vehicle batteries ...

The separation is expected to be completed by the first quarter of 2026. Credit: Tada Images/Shutterstock.com. South Korean battery maker SK On will end its US joint venture with Ford Motor as they ...