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Tag: SK Innovation


Industry Focus Areas, Motorized Vehicle

South Korea ponies up $35 billion for EV batteries to compete with China

July 8, 2021

Via: Automotive News

South Korea plans to invest 40.6 trillion won ($35 billion) in its EV battery industry by the end of the decade to secure its spot as a major global force in the sector and compete with a dominant China and […]


Industry Focus Areas, Motorized Vehicle

Feuding Korean battery suppliers risk disrupting EV production

November 27, 2019

Via: Automotive News

SEOUL — South Korea’s SK Innovation beat its larger rival LG Chem to a multibillion dollar deal in 2018 to supply Volkswagen Group with electric vehicle batteries in the United States. With great fanfare, SK broke ground in March on […]