The future of the $5.8 billion electric vehicle battery plant in Glendale, often touted as the largest economic development project in Kentucky’s history, is now uncertain.

Ford announced Thursday morning that it is ending its joint venture with South Korean company SK On to build EV batteries at their two plants in Kentucky and Tennessee.

The companies announced that Ford would take sole ownership of the two buildings at the BlueOvalSK Battery Park in Glendale, while SK On will take ownership of the plant in Tennessee.

In his Thursday press conference, Gov. Andy Beshear said Ford is expected to give more details about the future of the Kentucky plant early next week. He also expressed optimism about Ford retaining ownership, noting its long history in Kentucky, including the $2 billion

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