As SK Innovation celebrated its 60th anniversary in 2022, 2023 marks the beginning of a new 60 years of its history, and it is also the second year SK Innovation and all of its subsidiaries execute their Financial Story.   To learn more about the company’s strategies and plans for this year, we’ve met ...

■ SK Energy and Korea Hydro & Nuclear Power promote the vitalization of the “Energy Super Station,” the gas-station-based distributed power generation business ■ Plan to spread the hydrogen convergence business by waste resource utilization and electricity generation through the establishment of hydrogen charging stations ■ Expect to contribute to Net Zero and distributed power ...

■ SK On’s capital will be raised by KRW 2.8 trillion, of which KRW 2 trillion will be invested by SK Innovation and KRW 0.8 trillion by Korea Investment Private Equity KRW 0.8 trillion ■ SK Innovation views this investment as “a preemptive response to battery business demand secured by customers” and expects “positive impact ...

■ On-site hybrid energy stations will be built using SK’s high-purity hydrogen production system and Doosan’s Tri-gen fuel cells ■ To optimize green energy and hydrogen supply through minimization of transmission and distribution loss and reduction of hydrogen supply cost ■ Expecting expansion in the areas of green energy solutions, ecofriendly mobility services, and green ...

■ Change name to reflect the expansion of its current business and show a new identity as an “Energy Saving Company” – The new name is a combination of Environmental/Ensuring/Enabling + Movement, expressing the will to innovate for the future ■ To become an Energy Saving Company by strengthening competitiveness in existing businesses and securing ...

  “It’s the ‘IT IS’ problem that we need to solve for EVs, not so much the vehicles,” a senior automotive executive friend told me. IT IS stands for “It’s The Infrastructure, Stupid”, a wordplay on Bill Clinton’s 1992 presidential campaign slogan of “It’s the Economy, Stupid.”   And he’s not wrong.   We need ...

■ To secure high quality lithium hydroxide for five years starting in 2023, further strengthening its supply chain in response to the IRA ■ Partnership to discuss mid-to long-term cooperation in various fields within the battery value chain   SK On, a global leading electric vehicle (EV) battery manufacturer, announced today it signed a lithium ...

■ SK Inc. and SK Energy acquired Atom Power, the American energy solution corporation, at USD 150 million ■ Atom Power demonstrates industry-leading technological prowess in semiconductor-based circuit breakers with versatile applications, including EV charging ■ Executives from SK said, “We look forward to the synergy to be brought forth with the two companies’ expertise ...

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 ...

▲ 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 ...

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 ...

■ Signed a business agreement with K Car, the No.1 used car platform company in Korea, on February 24 – To certify after measuring the lifespan and value of the batteries of used cars that K Car purchases and sells – To provide a reliable service by calculating the battery price of used electric cars ...