battery
SK On secures USD 2 billion as investment funds for battery business in Europe
2022.08.01
■ Export Credit Agencies (ECAs) including Euler Hermes of Germany, Korea Trade Insurance Corporation, and the Export-Import Bank of Korea approve a USD 2 billion loan for SK On ■ SK On’s eco-friendly, steady growth is recognized, leading the company to acquire the largest ECA fund amount among battery companies in and out of the ...
How Solid State batteries will impact the future of automotive
2022.07.26
The decade of the battery is just getting started   For a while, we here at Vision Mobility have been calling the 2020’s the decade of the battery. It’s taking over cars, electricity grids, home electricity storage, industrial vehicles and many other areas that weren’t considered practical just 10 years ago.   There’s also a ...
SK On to jointly invest in cathode material production facility with Ford and EcoPro BM
2022.07.22
On July 22 (KST), SK On announced its plans to jointly invest in establishing a cathode material production facility in North America in partnership with global automaker Ford Motor Company and cathode material manufacturer EcoPro BM. The cathode is an essential battery material that crucially affects battery performance.   The three companies recently signed a ...
SK On – Ford’s joint venture BlueOval SK officially established
2022.07.13
The joint venture officially established for battery mass-production at three factories in Kentucky, Tennessee, from 2025   BlueOval SK, a joint venture between SK On and global automaker Ford Motor Company for manufacturing electric vehicle (EV) batteries, is poised to move to its next phase. The two companies secured a key bridgehead to preoccupy the ...
SK On soars along with the popularity of Ford’s F-150 Lightning
2022.07.05
▲ A Ford’s F-150 Lightning pickup truck that uses SK On’s NCM9 battery cell (Image source: Ford’s homepage)   After the official launching of Ford’s F-150 Lightning, the electric model of F-150, on April 26 (US local time), the fleet is gaining massive popularity and delivery to customers is currently on the way with great ...
SK On cooperates with Posco Holdings in rechargable battery business
2022.06.15
■ Signed an MOU to cooperate in all areas of the business, including raw materials for battery, anode and cathode materials, and recycling   ■ Discussed POSCO Group’s increasing materials supply in line with SK On’s expanding global production plan   SK On and POSCO Holdings have established full-fledged business cooperation in the rechargeable battery ...
[Into the World of SK] SK On Hungary (SKOH)
2022.05.13
  Kim Yu-jin: Hello! Today, we are going to learn about SK On, a subsidiary of SK innovation that specializes in manufacturing EV batteries.   Park Keun-wook: Hello! I’m Park Keun-wook, from Battery Europe Marketing Unit 2, SK On. Nice to meet you!   Kim Yu-jin: Nice to meet you, too! Today’s destination on is ...
[Opinion] The competition in electric vehicle market is getting harder to predict (by Lee Ho-geun, Professor of Automotive Engineering at Daeduk University)
2022.04.13
▲ Ferrari’s first PHEV SF90 Spider model (left) and Genesis GV60 model (right) loaded with SK On’s battery were displayed in SK On’s booth at InterBattery 2022 held from March 17 to 22 in Seoul, Korea.   Last year, numerous media outlets plastered their headlines with IT giant company Apple making autonomous vehicles. And that ...
Why seamless fast charging is essential for Electric Vehicles (by James Carter)
2022.04.05
If you own an electric vehicle (EV), you would know that there are essentially 3 questions that make up 90% of the questions are asked about EVs:   1) How much does it cost? 2) What is the driving range? 3) How long does it take to charge?   This isn’t just my experience or ...
[Interview] SK Innovation executives talk about plans in 2022, the first year of Financial Story execution ⑦ SK IE Technology CEO Roh Jae-sok: “2022 will be the first year for us to grow into a Global Top Material Company”
2022.03.02
▲ CEO of SK IE Technology Roh Jae-sok   Q1. SK IE Technology (hereafter, SKIET) is currently in the limelight for its business and stakeholders. Please share your resolutions and goals for 2022, as March is already around the corner.   With the rapid growth of the electric vehicle (EV) market in the world, the ...
[Interview] SK Innovation executives talk about plans in 2022, the first year of Financial Story execution ④ SK On CEO Jee Dong-seob: “We will become Global No. 1 with batteries that are safe, well-performing, and economical”
2022.02.20
▲ Jee Dong-seob, CEO of SK On   2022 marks the first year of being an independent company for SK On after the spin-off from SK Innovation in October 2021. In the recent interview with SKinno News, Jee Dong-seob, CEO of SK On, shared that “When SK On develops our dynamic force for the virtuous ...
"It's not waste, but valuable resource!" – How to reuse and recycle EV batteries
2022.02.11
  While the world is making efforts to reduce carbon emissions, the complete vehicle industry is making the switch from an internal combustion engine business model to electric vehicles (EV). As EVs have become well-known as an eco-friendly means of transportation, the global sales for these vehicles are rapidly increasing. However, this increase in EV sales also means ...