Global EV battery manufacturer SK On has signed a conditional offtake agreement with US graphite supplier Westwater Resources in a move to secure battery-grade natural graphite in North America. Under the terms of the agreement, SK On can source a total of 34,000 tons of natural graphite anode products processed at Westwater’s Kellyton Graphite Plant… Read more »
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EcoPro BM, SK On and Ford are building a cathode plant in Québec
South Korea-headquartered battery makers EcoPro BM and SK On, along with Ford, plan to invest nearly $900 million in the construction of a cathode manufacturing facility in Bécancour, Québec. Production is slated to begin in the first half of 2026. EcoPro CAM Canada LP was established by EcoPro BM this year. It will produce up… Read more »
Korea’s SK Group acquires Signet EV, invests in Polestar
South Korean conglomerate the SK Group has entered the EVSE market by acquiring a majority stake in charger manufacturer Signet EV. SK acquired 55.5% of Signet EV’s shares for 293 billion won ($263 million). Established in 2016, Korean firm Signet EV, which sells a full line of EV charging hardware and solutions, including 350 kW… Read more »
Ascend Elements to recycle battery manufacturing scrap for SK Battery America
Battery recycling specialist Ascend Elements (formerly Battery Resourcers) has been selected by SK Battery America (SKBA) to recycle both cell and module battery manufacturing scrap from SKBA’s manufacturing facility in Commerce, Georgia. The scrap material will be recycled at Ascend Elements’ new 154,000-square-foot battery recycling facility in Covington, Georgia, which is designed to recover 98%… Read more »
Solid Power partners with SK Innovation to produce solid-state batteries
Solid Power has partnered with SK Innovation to manufacture automotive-scale all-solid-state batteries using Solid Power’s sulfide-based solid electrolyte, proprietary cell designs and production processes. SK Innovation has also agreed to invest $30 million in Solid Power. The two companies will cooperate on cell development, validation and production in order to enable Solid Power to deliver… Read more »
Group14 Technologies and SK materials to build factory for lithium-silicon battery materials
Group14 Technologies has announced a joint venture with SK materials to build a factory for lithium-silicon battery materials in South Korea. SK materials will invest $52 million in the development of the materials manufacturing hub, which is expected to launch in 2022. Group14’s new JV will enable dual sourcing for its lithium-silicon technology both from… Read more »
Toyocolor to supply carbon nanotube dispersions to SK Innovation
Japanese ink and materials manufacturer Toyocolor has been tapped to supply its Lioaccum series of conductive carbon nanotube (CNT) dispersions to the North American and European operations of battery-maker SK Innovation. Lioaccum dispersions are used as a conductive additive in Li-ion cathodes to help expand battery capacity. These batteries will be installed in EVs manufactured… Read more »
PolyPlus and SK Innovation to develop glass-protected lithium metal battery
PolyPlus, a Californian company that’s developing a rechargeable lithium metal battery with a conductive glass separator, has entered a development agreement with Korean energy and chemical company SK Innovation. The collaboration is focused on PolyPlus’s solid-state lithium anode laminate. The companies’ initial goal is to produce and test prototype cells to demonstrate increased volumetric and… Read more »
VW chooses SK Innovations as additional battery supplier for North America and Europe
The Volkswagen Group has added South Korean battery cell manufacturer SK Innovation (SKI) to its stable of battery suppliers. SKI will supply the batteries for VW’s North American sales and a portion of the batteries for its European pure EVs. VW’s Roadmap E strategy calls for the Group to bring 50 new fully electric models… Read more »
Tesla reportedly approaches LG, Samsung and SK for Model 3 batteries
Japanese giant Panasonic is currently Tesla’s exclusive battery partner, but as its battery needs balloon along with demand for the upcoming Model 3, it’s only logical that the California company should keep its options open with other suppliers. The Korea Times reported that Tesla has approached LG Chem, Samsung SDI and SK Innovation. Tesla executives… Read more »