BlueOval SK celebrates groundbreaking of BlueOval SK Battery Park housing two EV battery plants in Glendale, Kentucky
SK On extends engagement with local community, business partners highlighting ‘shared growth’
On, a leading electric vehicle (EV) battery manufacturer, announced
today that its joint venture (JV) with American auto giant Ford Motor
Company held a groundbreaking ceremony for an EV battery manufacturing
mega campus in the United States as it embarks on steps to expand
leadership in the global EV market.
Dec 5 (EST), BlueOval SK hosted the groundbreaking of BlueOval SK
Battery Park in Glendale, Kentucky, where some 400 state, community,
business leaders and residents gathered to celebrate the official
commencement of construction on the dedicated EV battery manufacturing
Group Executive Vice Chairman Chey Jae-won, SK On President Jee
Dong-seob and BlueOval SK CEO David Hahm, Ford Workforce Development
Director Liliana Ramirez and Kentucky Gov. Andy Beshear were among the
attendees at the event. The major guests also took a part in a beam
signing ceremony to commemorate the construction.
here in Kentucky, Ford and SK are joining forces to lead the future of
the EV industry,” SK Group Executive Vice Chairman Chey said. “We will
be manufacturing the safest and the most reliable batteries in the
world. Over the next two years, BlueOval SK will build the biggest and
most advanced plants for EV batteries, and Kentucky will become a vital
center for the future of clean mobility.”
roots run deep in Kentucky, and BlueOval SK is going to help Ford to
lead the EV revolution, bringing thousands of new, high-tech jobs to the
Bluegrass State,” said Lisa Drake, vice president, Ford EV
both the largest economic development project in our state’s history
and part of the biggest investment ever by Ford, this project cements
Kentucky’s status as the electric vehicle battery production capital of
the United States,” Kentucky Gov. Andy Beshear said.
SK was officially established in July after SK On, which boasts the
world’s top class battery technology capabilities, and major American
automaker Ford, which has a long, rich history of 120 years of
manufacturing cars, decided to join hands to spearhead the global EV
On and Ford announced in September 2021 that they will invest $11.4
billion to build two new massive and technologically advanced campuses
in Kentucky and Tennessee with three battery plants to be made and
operated via BlueOval SK.
SK Battery Park in Glendale, Kentucky, so far boasts the largest
production capacity for a single battery campus in the U.S. as the site
encompasses twin EV battery plants capable of producing up to 43
gigawatt hours (GWh) each for a total of 86Gwh annually. Groundwork and
steel erection are underway at the $5.8 billion, 1,500-acre complex.
Once completed, the two plants are scheduled to churn out batteries
powering next generation electric Ford and Lincoln vehicles starting
from the first quarter of 2025 after trial runs.
SK Battery Park will be at the core of the electrification of the North
American auto market,” SK On President Jee Dong-seob said. “We expect
SK On and Ford’s leadership in the global electric vehicle market to be
solidified through BlueOval SK.
$5.6 billion mega campus in Stanton, Tennessee, called BlueOval City,
will house a 43GWh battery plant along with Ford’s EV assembly factory
and supplier facilities on a 3,600-acre site. The battery plant in
Tennessee is also scheduled to break ground within this year with
production also projected to start in 2025.
total, three BlueOval SK battery plants are expected to produce 129 GWh
annually, which is enough to power about 1.2 million units of the Ford
F-150 Lightning, the electric version of America’s best-selling pickup.
the production capacity of the BlueOval SK plants with SK On’s two
other EV battery plants in Georgia, the South Korean battery maker will
be able to produce 150 GWh annually in the U.S. alone in 2025.
SK On and Ford aim to create about 11,000 jobs through the mega campuses in Kentucky and Tennessee.
a part of their plan to beef up recruitment, BlueOval SK Battery Park
in Glendale, Kentucky, will have all-new Elizabethtown Community and
Technical College (ECTC) BlueOval SK Training Center on the site by
2024. The 42,000 square-foot center will train some 5,000 workers on
knowledge, skills and roles related to battery manufacturing.
BlueOval SK Battery Park, we’re building the future – state-of-the-art
batteries for future Ford and Lincoln electric vehicles and a bright
future for the workforce in Kentucky,” said David Hahm, BlueOval SK CEO.
“In order to produce these batteries, we need a premier workforce that
is trained in the latest battery and advanced manufacturing technology.”
SK On, the JV with Ford will extend its contribution to job growth and
economic development in the U.S. The battery maker’s U.S. arm, SK
Battery America, already built two plants in the state of Georgia,
hiring more than 2,000 people.
On’s U.S. investments are also expected to bring “shared growth” with
its South Korean partners. SK On has been helping its vendors and
suppliers entering overseas market by using their products and equipment
at its new facilities.
On is the largest fifth battery maker this year with a 6.2 percent
market share. The company is one of the fastest growing battery makers
in the world as it ranked ninth in terms of market share in 2019.
particular, SK On has been showing robust growth in North America.
According to market tracker SNE Research, the usage of SK On batteries
in North America reached 5.4GWh in the January-October period, up 646%
from the same period a year earlier. Its market share in the region
jumped from seventh to fourth in the cited period, apparently due to
brisk sales of SK On battery-equipped EVs like the F-150 Lightning,
Hyundai IONIQ5 and Kia EV6.
On’s battery production capacity is to reach 77GWh at the end of this
year, 45 times larger than 1.7GWh in 2017. SK On aims to become the
global No. 1 by securing production capacity of 500GWh by 2030.
About SK On
SK On is a global leading electric vehicle (EV) battery developer, manufacturer, and solutions provider whose mission is to make our world a cleaner and more convenient place as an electrification linchpin.
SK On was launched as an independent company in October 2021 after SK Innovation, South Korea’s largest energy company, decided to split off its battery business unit. SK On aims to become a world leader in the clean energy industry by leveraging its global production base and R&D capabilities, as well as its production and quality management know-how.
Headquartered in Seoul, South Korea, SK On has a worldwide presence with battery plants currently operating or in construction across the United States, Europe, and Asia.