Termination of BlueOval SK JV with Ford, SK Battery America Investment Revised to KRW 4.0234 Trillion
- Disclosure of change in investment plan for SK Battery America, subsidiary of SK Innovation (now SK On): Due to termination of joint venture BlueOval SK with Ford, the existing Tennessee plant will be operated independently
- Cumulative investment executed until BlueOval SK termination: KRW 4.0234 trillion, a decrease of approximately KRW 1.0941 trillion from the original plan (KRW 5.1175 trillion)
- Despite the investment change, SK will continue its US battery business by operating the Tennessee plant alone
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KOSPI Filing Information
- Filing: [Correction of Description] Major Management Matters Related to Investment Decision (Major Management Matters of Subsidiary)
- Company: SK (034730)
- Submission: SK Inc.
- Receipt: 05-21-2026
- Under KRX KOSPI Market Division