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Ford and SK On are seeking buyers for surplus EV batteries from their Kentucky plant as consumer demand continues to cool.

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Commercial production of electric vehicle batteries is underway at the BlueOval SK plant in Kentucky’s Hardin County.

Ford Motor Co., which famously popularized the assembly line, has joined Tesla Inc. and other EV makers around the world in a race to find a different, cheaper way to make a lot of cars, and fast.

Blueoval SK LLC, the EV battery joint venture between South Korea’s SK On Company and Ford Motor Company, launched production at its newly-built plant.

The strategic investment will likely either start a long-awaited turnaround or damage the company beyond reasonable repair.