Ford BlueOval SK Battery Park 12-5-22 (10).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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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.
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