BlueOval SK is a historic investment between two global companies, Ford Motor Company and SK On, who share the ambitious vision of electrifying the future of mobility. Together, they invested a total of $11.4 billion dollars to form a Joint Venture company called BlueOval SK. By utilizing SK On’s battery technology the company aspires to make the world’s most safe and dependable electric vehicle (EV) batteries for the Ford and Lincoln brands.
The partnership is building three EV battery plants. One plant is located in Stanton, Tennessee at BlueOval City and twin plants will stand in Glendale, Kentucky at BlueOval SK Battery Park. Each facility is the size of 60 football fields. BlueOval SK will create over 7,500 new American jobs to operate its three new plants.