SK On boosts battery investment despite global EV market slowdown

Daniel Chiang; Jerry Chen, DIGITIMES Asia Tuesday 26 December 2023 0

Credit: SK On

South Korean battery manufacturer SK On is bolstering its domestic battery production capacity with a substantial investment of KRW 1.75 trillion (US$1.34 billion), an increase of KRW 250 billion from the initial plan. This expansion stands out amid...

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