■ 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 ...

  “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 ...

■ 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 ...

■ 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 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 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 ...

▲ 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 ...

■ 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 ...

▲ 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 ...

  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 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 ...

  | 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 ...