CD4TNF
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SK On to focus on energy storage systems amid slowing EV demand
[*]Ford to fully own Kentucky battery plants post-split
[*]Tennessee plant to be solely operated by SK On, start timeline not yet decided
https://www.reuters.com/business/au...otor-end-us-battery-joint-venture-2025-12-11/
Big news. Really shows the shift in EV auto manufacturing and suppliers. SK On is following the money in energy storage and there's not money making EV batteries.
Thinking of the timeline for Ford. That gives them 2026 to get the KY battery factory line up and running for a 2027 model year EV based on their Universal Platform.
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