Ford BlueOval SK Battery Park 12-5-22 (13).JPG
Ford Motor Co. and its Korean partner SK On are building a pair of battery factories in Glendale, Kentucky, which are expected to churn out power sourcing for 1.3 million electric vehicles by 2026. The $5.8 billion BlueOval SK Battery Park began construction in October 2022 and is expected to open in 2025. Dec. 5, 2022.
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“The magnitude and significance of this project cannot be overstated,” Gov. Andy Beshear said during Monday’s ceremony.
Ford and SK will receive $250 million upfront from Kentucky taxpayers for the companies' massive battery park in Hardin County. The money is "well spent," Gov. Andy Beshear says.
“We need enough capacity for all of our commercial customers on various vehicle lines, and it’s pretty much a whole battery plant,” Ford Pro CEO Ted Cannis told WDRB News in a recent interview.
