South Korean battery and trading company SK On, part of South Korea’s second-largest conglomerate SK Group, has been selected as the battery supplier for US-based electric vehicle startup Slate, highlighting its expanding presence in the US market. SK On will supply Slate with around 20 GWh of US-manufactured batteries starting in 2026 through 2031, and… Read more »
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SK On and SK Enmove showcase battery immersion cooling
South Korean battery and trading company SK On is showcasing advanced thermal management technology with lubricant supplier SK Enmove. The immersion cooling technology for EV batteries circulates electrically insulating thermal fluids inside the battery pack to effectively dissipate heat. Since the coolant directly contacts the battery cells, it can more effectively suppress temperature rise compared… Read more »
BMW and SK tes to expand high-voltage battery recycling
German carmaker BMW and South Korean technology firm SK tes plan to expand their closed-loop battery recycling system from Europe to the US-Mexico-Canada region in 2026. The recycling process recovers cobalt, nickel and lithium from used batteries to return them to the value chain to produce new batteries. BMW is directly involved in the process,… Read more »
DOE loans BlueOval SK $9.63 billion to expand US EV battery manufacturing
The US Department of Energy’s (DOE) Loan Programs Office (LPO) has closed a direct loan of up to $9.63 billion to BlueOval SK, a joint venture between Ford and South Korean battery supplier SK On, for the construction of up to three manufacturing plants to produce batteries for Ford’s future Ford and Lincoln EVs. The plants—one located… Read more »
ExxonMobil signs lithium offtake agreement with SK On
Oil companies getting involved in lithium production? Yes. Global EV battery manufacturer SK On has signed a nonbinding memorandum of understanding (MOU) with ExxonMobil for a potential lithium offtake agreement. The terms enable SK On to explore a multiyear agreement that would allow it to secure up to 100,000 metric tons of lithium from ExxonMobil’s… Read more »
Sakuu to collaborate with SK On to industrialize dry-process EV battery manufacturing platform
Sakuu, a provider of commercial-scale equipment and technologies to the battery manufacturing industry, has announced a joint development agreement (JDA) with EV battery manufacturer SK On. Central to the agreement is the industrialization of Sakuu’s dry-process Kavian platform. Sakuu says its dry-process manufacturing, together with its electrode printing technology, eliminates the use of solvents and… Read more »
Westwater Resources to supply natural graphite from Alabama to battery maker SK On
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 »
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 »
