SK Battery Georgia
Commerce, GA | Battery
12-Month Risk Trend
Monthly scores calculated from weighted factor assessments. Historical data reflects month-end evaluations.
Risk Score Breakdown
Four equally-weighted factors. Workforce and power/grid constraints embedded within. Confidence interval reflects data recency and source reliability.
Score Change Log
Audit trail of risk score changes with rationale. Full derivation notes available upon request.
| Date | Old | New | Change | Rationale |
|---|---|---|---|---|
| Jan 2026 | -- | -- | -- | Monthly review; see RAID log for details |
Contact info@hccouncil.org for detailed factor-by-factor scoring derivation.
Key Risks
SK Battery Georgia operates two facilities in Commerce producing 22 GWh annually for Ford F-150 Lightning and Volkswagen ID.4. With 3,100+ employees, SK On is now converting NCM lines to LFP chemistry for energy storage, targeting H2 2026. In September 2025, SK On signed a $1.4B deal with Flatiron Energy for 7.2 GWh of ESS batteries. Ford and SK On dissolved their BlueOval SK joint venture in December 2025, with SK On pivoting toward multi-customer ESS sales. (Sources: Georgia.org Sep 2024; ESS News Sep 2025; The EV Report Dec 2025)
RAID Log
Risk assessments reviewed monthly. Last review: Jan 9, 2026
| Risk | Impact | Probability | Mitigation |
|---|---|---|---|
| Ford EV strategy pullback | MEDIUM | MEDIUM | Multi-OEM customer diversification |
| Lithium price volatility | MEDIUM | LOW | Long-term supply agreements |
| Action | Owner | Due Date | Status |
|---|---|---|---|
| LFP chemistry line conversion | SK On Engineering | H2 2026 | ACTIVE |
| Flatiron Energy ESS contract fulfillment | Commercial | 2025-2028 | ACTIVE |
| BlueOval SK dissolution completion | Legal/Finance | Q1 2026 | ACTIVE |
| Issue | Severity | Status | Resolution |
|---|---|---|---|
| Demand alignment with OEMs | MEDIUM | MONITORING | Production matching requirements |
| Decision | Date | Rationale | Impact |
|---|---|---|---|
| Georgia dual-plant strategy | 2021-22 | VW, Ford supply agreements; state incentives | $2.6B investment; 2,600 jobs |
| Production ramp | 2023-24 | Meet customer delivery schedules | Both plants operational |
Upcoming Milestones
Dates from official company announcements and regulatory filings