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Group14 closes Series D funding round, acquires South Korean battery plant from SK

US-based manufacturer Group14 Technologies has closed its $463-million Series D funding round to continue scaling the manufacture of its silicon battery material, SCC55, in the US and South Korea. The round was led by South Korean battery materials firm SK, and included other existing investors such as Porsche Investments, ATL, OMERS, Decarbonization Partners, Lightrock Climate… Read more »

SK On targets North American LFP battery market for energy storage

South Korean battery and trading company SK On plans to accelerate its lithium iron phosphate (LFP) battery business targeting North America’s energy storage system (ESS) market. The company has signed a memorandum of understanding (MoU) with South Korean battery materials maker L&F to supply LFP cathode materials for the North American market. The agreement outlines… Read more »

SK On enhances cycle life of solid-state EV batteries

South Korean battery maker SK On has discovered a method to enhance the cycle life of sulfide-based all-solid-state lithium batteries. SK On’s research, conducted in collaboration with Dr. Dong-Won Kim’s group at Hanyang University in Seoul, introduces a method for forming a protective layer on the lithium metal anode surface to enhance battery safety and… Read more »

SK Innovation’s iParking selected as EV charging implementation agency in South Korea

South Korean firm SK Innovation E&S has announced that its EV charging and parking platform subsidiary, iParking, has been selected as the project implementation agency for the 2025 Electric Vehicle Rapid and Slow Charging Facility Support Project hosted by South Korea’s Ministry of Environment. The project provides subsidies to companies installing public slow charging facilities… Read more »

SK Enmove obtains international certification for new EV refrigerant

SK Enmove, a lubricant supplier for the automotive industry, has developed a next-generation refrigerant for vehicles to improve heating and cooling efficiency. Two of its products have received an R-Number, an international refrigerant certification, from the American Society of Heating, Refrigerating and Air-conditioning Engineers (ASHRAE). They are also expected to meet the European Union’s expected… Read more »

SK On and Nissan announce North American EV battery production supply agreement

SK On and Nissan announce North American EV battery production supply agreement Global battery manufacturer SK On and Nissan have announced a new battery supply agreement that will support Nissan’s EV production in North America. Under the agreement, SK On will supply nearly 100 GWh of high-nickel batteries to Nissan from 2028 to 2033. These… Read more »

SK On unveils breakthroughs in solid-state batteries

South Korean battery and trading company SK On has recently published its latest research on all-solid-state batteries (ASSBs). SK On’s study with Dr. Jin Ho Kim’s group at the Korea Institute of Ceramic Engineering and Technology focuses on the use of ultrafast photonic sintering technology (traditionally used to manufacture printed circuit board) in the manufacturing… Read more »

Group14 delivers silicon battery material to 100 customers from South Korean JV factory

US-based silicon battery materials manufacturer Group14 Technologies has completed shipments of its SCC55 material to more than 100 EV and consumer electronics battery manufacturing customers worldwide from its joint venture (JV) factory in Sangju, South Korea. The facility, designed and built using Group14’s modular manufacturing technology, started producing SCC55 material in August. The factory has… Read more »

Group14 signs offtake deals with 3 EV manufacturers for silicon battery materials

US-based silicon battery materials supplier Group14 Technologies has signed offtake agreements totaling at least $300 million with three EV and two consumer electronic battery cell manufacturers across Europe, Asia and North America. Group14’s customers deliver batteries to various industries, including automotive, consumer electronics and electric vertical take-off and landing (eVTOL). The company’s silicon-carbon anode material,… Read more »

SK On, Ferrari strengthen partnership for innovation in EV battery cell technology

South Korean EV battery manufacturer SK On, a subsidiary of SK Innovation, has signed a memorandum of understanding with the Italian luxury sports carmaker Ferrari to reinforce their partnership and innovate cell technology. The agreement allows the parties to share their experience in various fields to improve their technical collaboration and share insights. The new… Read more »