Economic Signal — South Korean battery manufacturer SK On has taken full owner — OpenWatch

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Economicupdate🇺🇸United States 🇰🇷South KoreaMay 22, 2026

South Korean battery manufacturer SK On has taken full ownership of the BlueOval City battery plant in West Tennessee, ending its joint venture with Ford Motor Company. The 4-million-square-foot facility will now be operated independently by SK On.

Severity: 3.5/10Source: Tennessee LookoutLocation: Stanton, Tennessee

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Economic Signal — South Korean battery manufacturer SK On has taken full owner — OpenWatch