car battery Archives | Be Korea-savvy

SK Innovation to Build 2nd Car Battery Plant in U.S.

SEOUL, Jan. 10 (Korea Bizwire) — SK Innovation Co., South Korea’s leading refiner and chemical company, said Friday it will invest 1 trillion won (US$860 million) to build its second car battery plant in the United States. SK Innovation has already invested 1.9 trillion won to build a car battery plant with a capacity of [...]

SK Innovation Targets 30pct Car Battery Market Share by 2025

SEOUL, Oct. 10 (Korea Bizwire) — SK Innovation Co., South Korea’s top energy-chemical business, said Wednesday it will put a bigger focus on its battery business to achieve a 30 percent share of the global car battery market by 2025. In the January-August period, SK Innovation churned out a total of 428.9 megawatt hours (MWh) [...]