| New milestone: an electric model became the best-selling car in Europe market for the first time   In recent year, it is no longer or shocking news that corporates declared carbon neutrality declarations, and governments announced related policies to achieve Net Zero target one after another. Consequently, more and more electric vehicles are ...

■ SK On received a Minister’s citation in Energy Efficiency Improvement group category at Korea Energy Grand Prize 2021 hosted by Korean Ministry of Trade, Industry, and Energy. ■ Recognized for its efforts to improve the entire process to achieve Net Zero in battery business in 2035   SK On’s domestic battery plant in Seosan was awarded ...

■ Signed an MOU to achieve ‘super gap’ quality for the safety of lithium secondary batteries at the SK Seorin Building in Seoul on November 4, 2021 – Committed to developing innovative methods of evaluation and safety technology in the fields of battery performance, reliability, safety, and more – Internal quality tests surpassed the standards ...

  “You’re not going to get any traction with numbers like that around here!” It was early 2018 and I had just presented Vision Mobility’s latest future electric vehicle (EV) global sales forecast to senior management at a major OEM. The forecast of 30% of new car sales would be battery electric (BEV) by 2030, ...

■ SK Innovation signed a joint development agreement and memorandum of understanding with Solid Power, a leading US company in all-solid-state battery cell development, on Oct. 28, 2021…Committed to invest USD 30 million into Solid Power ■ Aims to develop all-solid-state batteries with an energy density of at least 930Wh/L – Approximately 33% higher than ...

■ The first plant opening ceremony held in Silesia Province on Oct. 6th (local time), ready to start commercial production in Q4 this year after about 21 months of construction – Set to offer separators with an annual production capacity of 340 mil. m2 for the first time in Europe, the largest global EV market ■ CEO & President ...

▲ A Ford’s F-150 Lightning car that uses SK Innovation’s battery cells displayed at SK Innovation’s booth at InterBattery 2021   The first time I saw a large American pickup truck, I was shocked. Shocked at just how HUGE they are. It was around 2002, a then new Toyota Tundra, that Toyota Australia had brought ...

■ Establishing a system to ensure independent management by businesses, seeking to maximize business/corporate value by laying a solid foundation for future growth ■ Company names ‘SK On’ were confirmed for battery and ‘SK Earthon’ for E&P businesses, reflecting ESG and global growth – President of Battery business Jee Dong-seob and President of E&P business Myeong Seong appointed ...

  On September 29 (US local time), Jee Dong-seob, President of SK Innovation’s Battery Business, paid a visit to SK battery America (SKBA) in Georgia, USA to inspect the manufacturing facility and encourage local employees. President Jee’s visit was after the day he attended the announce events of Ford and SK Innovation’s joint venture BlueOvalSK’s ...

■ Announced an investment plan for their joint venture BlueOvalSK’s factories in Tennessee and Kentucky on Sep. 27, 2021 (US local time) – Ford Executive Chair Bill Ford, Ford President and CEO Jim Farley, Governors of Tennessee and Kentucky, President of SK Innovation’s Battery Business Jee Dong-seob will attend the event ■ The investment by two companies ...

  Climate change and many environmental issues are pressing the electric vehicle (EV) market to grow fast. According to the data revealed by EV Volumes, about 605,400 units, including BEV & PHEV & FCEV, were sold globally in June. This is a new all-time-high, surpassing the sales number of December 2020, and June y-o-y growth ...

  Meeting the market expectations, SK Innovation achieved an operating profit of more than KRW 500 billion for two consecutive quarters of 2021, surpassing the KRW 1 trillion won mark of operating profit in the first half of the year.   Many Korean securities firms gave positive assessment of SK Innovation’s performance in the second ...