Ford is delaying production at one of two EV battery plants located on a common site in Kentucky, the Louisville Courier Journal reports.
Citing lower-than-expected demand for EVs, Ford will continue production of the two plants comprising the BlueOval SK Battery Park, a joint venture with battery supplier SK On in the state that’s being financed with part of a $9.2 billion government loan. But one plant’s opening has been put on hold.
The first plant remains on track to open in 2025. The second plant was originally slated to begin production in 2026, but that date is now uncertain.
BlueOvalSK Battery Park – rendering, September 2021
“The first (plant) is full speed ahead,” Ford spokesperson T.R. Reid told the paper. “The transition to EVs is continuing without interruption, but it’s gonna happen a little bit more slowly than we originally anticipated.”
The affected battery plant is…
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