Search Results Found For: ""SK Innovation""

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 »

SK Innovation considers China EV battery factory

SK Innovation, South Korea’s largest oil refiner and chemical supplier, says it is having talks with several companies about jointly establishing an EV battery factory in China. “An investment announcement will likely be made in the near future,” said Chief Executive Chung Chul-khil, adding that the joint venture in China may be with a battery… Read more »

SK Innovation to supply Li-ion battery cells for Mercedes EVs

Korea-based SK Innovation has been selected as a Lithium-ion battery cell supplier for Mercedes-Benz EV projects. SK Innovation released no details of the arrangement, saying only that its battery cells “will be deployed in multiple electric vehicle models in diverse segments.” SK Innovation says it has recently doubled capacity at its plant in Seosan, Korea,… Read more »

Kia Soul EV to use new SK Innovation battery cells

Kia’s new Soul EV will use lithium-ion polymer battery cells supplied by SK Innovation, the result of a three-year joint development program between the two companies. The SK pack has 192 cells in eight modules, for a total capacity of 27 kWh. It boasts an impressive energy density of 200 Wh/kg, and is expected to… Read more »

SK Innovation wins battery separator patent lawsuit

It may not sound as exciting as a battery fire or a new electric race car, but this week’s news could be critically important for the Korean battery market. The Korea Times reported that SK Innovation has won a patent lawsuit against LG Chem, the world’s biggest player in batteries. Last December, LG filed a lawsuit alleging… Read more »

Trade group asks administration to reinstate tariffs on Chinese graphite, critical material for EV batteries

The North American Graphite Alliance (NAGA), which represents US and Canadian producers of battery-grade graphite, has submitted a request to US Trade Representative Katherine Tai to reinstate Section 301 tariffs on three graphite products from China. The group also commissioned a market report from Oxford Economics that explains the rationale behind reinstating the tariffs, and… Read more »

LOTTE Group to build cathode foil factory in Elizabethtown, Kentucky

LOTTE Aluminium and LOTTE Chemical, subsidiaries of a giant South Korean conglomerate, plan to invest some $239 million to establish an aluminum foil manufacturing operation in Hardin County, Kentucky. We’re not talking about the kind of foil you use to wrap leftover pizza, but rather cathode foil, a type of ultra-thin aluminum foil that is… Read more »

SK On secures $2 billion in investment for Hungary battery plant

SK On, a battery company and subsidiary of SK innovation, has secured $2 billion in investment resources from export credit agencies, which it plans to devote to an under-construction battery plant in Iváncsa, Hungary. “Euler Hermes and Korea Trade Insurance Corporation will provide insurance worth $800 million and $700 million respectively, and the Export-Import Bank… Read more »

Ford and partners to build 30-45 GWh battery plant in Turkey

Ford has proposed to form a joint venture with Turkish industrial conglomerate Koç Holding and South Korea’s SK Innovation to make EV batteries at a new plant near Ankara. The factory, which is expected to have an annual capacity of 30 to 45 GWh, will supply batteries for Ford’s commercial vehicles, which are expected to… Read more »