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NEWS TAGGED SK ON
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

Wednesday 17 January 2024
SK On to mass-produce LFP batteries in 2026 at the earliest
Chey Jae-won, executive vice chairman of SK Group, held meetings with multiple partners at CES 2024 last week, revealing the business plan of SK On, the group's battery arm. SK On...
Friday 12 January 2024
SK On's 'Dancing Car' steals show at CES 2024
South Korean battery company SK On, the sole participant in the industry, showcased its technological prowess with the "Dancing Car" at the Consumer Electronics Show (CES 2024).
Wednesday 3 January 2024
SK On to see EV battery production capacity grow by 70% in 2024
South Korean battery makers are expected to increase production capacity significantly in 2024. With its expansion in China and Hungary, SK On will see its capacity grow by 70%. LG...
Tuesday 26 December 2023
SK On boosts battery investment despite global EV market slowdown
South Korean battery manufacturer SK On is bolstering its domestic battery production capacity with a substantial investment of KRW 1.75 trillion (US$1.34 billion), an increase of...
Tuesday 21 November 2023
SK On: mass production plan in 2Q24 won't be affected by fire at Yancheng site
South Korean EV battery manufacturer SK On's site in Yancheng, Jiangsu Province, has completed construction, but the recent fire incident may impact the production schedule.
Friday 17 November 2023
US government rolls out US$3.5 billion battery funding as manufacturers start layoffs
The US Department of Energy announced on November 15 that it will offer US$3.5 billion of funding to facilitate domestic battery and battery materials production. The news came as...