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NEWS TAGGED SK ON
Thursday 11 July 2024
SK On partners with Nissan to fuel EV battery supply chain
South Korea's SK On is gearing up to power Japan's Nissan in a groundbreaking Electric Vehicle (EV) battery supply collaboration. This strategic alliance aims to bolster Nissan's...
Wednesday 10 July 2024
Battery maker SK On strives to stem losses
The prospect of South Korean battery maker SK On returning to profitability anytime soon looks dim, judging from the uncertainty in the market, according to industry sources.
Friday 28 June 2024
South Korean battery makers could benefit from Tesla 46800 cell production headache
Media reported that Tesla was considering ceasing production of 46800 cells due to multiple difficulties.
Friday 21 June 2024
South Korean battery makers see market share decline amid Chinese dominance
Chinese battery giants CATL and BYD continue to assert dominance in the global market.
Wednesday 8 May 2024
EV makers reportedly compensate South Korean battery companies due to declining procurement
EV manufacturers reportedly failed to purchase the minimum quantity of batteries stipulated by contracts as EV demand softens.
Monday 6 May 2024
Samsung SDI expanding investment among weak 1Q24 results
Leading South Korea-based battery manufacturers LG Energy Solution, Samsung SDI, and SK On reported unsatisfactory financial performance in the first quarter of 2024 due to slow EV...
Thursday 25 April 2024
Over 90% foreign production strikes South Korean battery exports
In 2023, South Korea saw the first decline in rechargeable battery exports in eight years. The industry suspected that the situation is related to major battery manufacturers like...
Tuesday 23 April 2024
SK On reportedly retooling Ford-dedicated battery production line for Hyundai
Hyundai Motor has reportedly tied up with battery maker SK On in the US. Before the pair establishes a joint venture, SK On will retool a battery production line dedicated to Ford...
Thursday 11 April 2024
What is behind SK Group's reported decision to merge its battery, lubricant arms?
SK Group is reportedly planning to merge its battery company, SK On, and lubricant subsidiary, SK Enmove, to proceed with turning SK On into a publicly traded business. The news came...
Wednesday 3 April 2024
Ferrari deepens relationship with sole battery provider SK On
South Korean battery manufacturer SK ON and Italian sports car brand Ferrari have expanded their collaboration to innovate in battery technology.
Monday 18 March 2024
SK Innovation puts Chinese battery subsidiary into liquidation as SK On scales
South Korea-based SK Innovation's Chinese battery subsidiary, Blue Dragon Energy, will go into liquidation as its business scope overlaps with SK On, the SK Group's rising battery...
Monday 18 March 2024
InterBattery recap: Samsung SDI will mass-produce 46-phi battery in 2025
Samsung SDI accelerates the development of a new-generation cylindrical battery 46-phi, which has a 46mm diameter. The company will begin volume production as early as 2025. The media...
Wednesday 21 February 2024
LGES 46800 battery reportedly to first power Tesla Cybertruck
South Korea-based LG Energy Solution has revealed a schedule for the volume production of its 46800 battery, which will likely first support Tesla. Media reported that EV makers Rivian...
Monday 5 February 2024
South Korea-based battery suppliers in expansion push in 2024 despite uncertainties
Amid signs of a slowdown in demand for EVs and industrial uncertainties, South Korean-based battery makers remain committed to their global production expansion plans.
Friday 19 January 2024
Status of EV solid-state battery market

Introduction