battery plant Archives | Be Korea-savvy
SK Innovation to Invest 1.14 tln Won in U.S. Battery Plant

SK Innovation to Invest 1.14 tln Won in U.S. Battery Plant

SEOUL, Nov. 26 (Korea Bizwire) — SK Innovation Co., South Korea’s top energy-chemical business, said Monday that it will invest 1.14 trillion won (US$1.01 billion) to build an electric vehicle (EV) battery plant in the United States. The company said it has decided to construct the 9.8 gigawatt-hour capacity battery plant in the city of [...]

SK Innovation to Invest in 820 bln Won Battery Plant in China

SK Innovation to Invest in 820 bln Won Battery Plant in China

SEOUL, Aug. 24 (Korea Bizwire) — SK Innovation Co., South Korea’s largest refiner by sales, said Friday it will invest in a 820 billion won (US$730 million) battery plant in China, a move aimed at meeting growing demand for car batteries. In a joint venture with BAIC Motor Corporation., Ltd. and Beijing Electronics Holding Co., [...]