Private company
BlueOval SK
2021–2026 Ford–SK On joint venture
BlueOval SK, LLC (BOSK) was an electric vehicle battery joint venture between Ford Motor Company of the United States and SK On of South Korea from 2021 to 2026. The batteries were for use in Ford and Lincoln vehicles.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
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BlueOval SK, LLC (BOSK) was an electric vehicle battery joint venture between Ford Motor Company of the United States and SK On of South Korea from 2021 to 2026. The batteries were for use in Ford and Lincoln vehicles.2
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Federal loans $45.3B
Figures by year
| Year | Federal loans | Total |
|---|---|---|
| 2026 | $17.7B | $17.7B |
| 2024 | $27.6B | $27.6B |
Federal awards
Obligated amounts from USAspending.gov4, by calendar year, since 2008, for its registration. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.
Largest federal loans
- Dec 13, 2024$27.6B from Department of Energy: Federal Loan Guarantees For Innovative Energy Technologies5 To BLUEOVAL SK, LLC Award DELP0000146
- Apr 10, 2026$17.7B from Department of Energy: Federal Loan Guarantees For Innovative Energy Technologies6 To BLUEOVAL SK, LLC Award DELP0000181
Links
- WikipediaBlueOval SK
- WikidataQ138025552
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataBlueOval SK on Wikidata
- 2WikipediaBlueOval SK on Wikipedia
- 3Wikimedia CommonsBlueOval SK photo by Ash.tahno, CC BY-SA 4.0
- 4USAspending.govUSAspending.gov recipient profile: BLUEOVAL SK, LLC
- 5USAspending.govDELP0000146: Department of Energy
- 6USAspending.govDELP0000181: Department of Energy