SK Battery America Layoffs: EV Industry Shifts Hit Georgia
Dover News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
SK Battery America lays off 958 workers in Georgia as automakers reassess EV strategies amid waning consumer demand. The plant, which opened in 2022, supplied batteries for Fords F-150 Lightning but Ford ended its joint venture with SK. Workers will receive pay through May 6th. The layoffs come as Ford, GM, and others pull back on EV factories and pivot to hybrids. Georgias EV ambitions remain, with Hyundai and Rivians plants still underway.
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