EV Battery
SK On signs MOU with Hyundai Motor Group to supply EV battery in North America
2022.11.29
■ Cooperating with Hyundai Motor Group to supply batteries to EV factories in the US after 2025 ■ Joining hands to secure initiative and expand North American EV market share through the MOU   SK On announced today that it signed a memorandum of understanding (MOU) with Hyundai Motor Group to strengthen the North American ...
“No place to charge means no EV purchased” - Charging infrastructure is the key to mainstream EV buyers (by James Carter)
2022.11.09
  “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 ...
SK On launches “EV My Car Management” service with SK Rent-a-car and Macarong Factory
2022.10.05
■ Easy check on the battery status, including car deterioration, distance to empty, and charging history ■ Plans underway to expand into the battery diagnosis verification business in the future, expectations to vitalize of the secondhand EV market   A service was released where users can easily check the mileage and charging history of the ...
SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain
2022.09.28
■ MOU with Australian firm includes comprehensive cooperation in lithium supply, joint investment and development of downstream lithium assets ■ MOU to beef up SK On’s supply chain resilience in response to rapid business growth and geopolitical risks   SK On announced today it signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources ...
SKIET cooperates with Vingroup to accelerate penetration into Southeast Asian and North American markets
2022.08.05
■ SKIET signs a business MOU and holds an executive meeting with VinES, the electric vehicle (EV) battery manufacturer of Vingroup, the largest private corporation in Vietnam ■ VinES aims to expand its EV battery business beyond the borders of Vietnam, with VinFast’s US factory complex in 2024 ■ Roh Jae-sok, CEO of SKIET, said, ...
SK On join hands with the Korea Automotive Inspection and Warranty Association to establish evaluation standards for used car batteries
2022.04.28
■ SK On signs a business agreement with the Korea Automotive Inspection and Warranty Association on the 28th to take the lead in standardization of diagnostic evaluations   ■ Improving consumer convenience by providing accurate valuation, building a basis for the virtuous resource cycle   SK On is joining hands with an expert organization to ...
[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 ...
SK On to certify the battery value of used cars by cooperating with K Car, Korea’s largest directly-operated used car platform company
2022.02.24
■ 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 ...
[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 ...
Securities industry says “SK Innovation is gaining the momentum for revaluation of its battery business”
2022.02.03
  Hwang Gyu-won, a researcher at Yuanta Securities, said in a report on February 3, “SK Innovation’s battery business is expected to undergo revaluation due to three fundamental improvements,” and suggested a target stock price of KRW 410,000 won for SK Innovation.   In the report, researcher Hwang explained three reasons for the turn-up of ...
Securities industry expects SK Innovation to improve oil refining business and swing to profit in battery business
2022.01.24
  Securities firms in and outside Korea are sending positive signals to SK Innovation’s oil refining business and battery business.   Lee Jin-myung, senior researcher at Shinhan Financial Investment, said in a report dated January 19th that “2022 will be a good year for both SK Innovation’s traditional and new growth businesses,” and proposed a ...
SK Innovation’s strategies to win the European market, where an electric model became the best-selling car for the first time in September this year
2021.12.02
  | 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 ...