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NEWS TAGGED SK INNOVATION
Monday 11 November 2024
SK On achieves first-ever profit, powered by 4 key success factors
SK On, SK Innovation's battery manufacturing subsidiary, posted its first quarterly operating profit of KRW24 billion (approx. US$17.19 million) since becoming independent in October...
Wednesday 2 October 2024
SK On launches voluntary redundancy scheme amid declining EV market
SK On, the fifth-largest electric vehicle battery manufacturer globally, has announced its first voluntary redundancy program aimed at workforce reduction. This initiative arises...
Wednesday 24 July 2024
SK Group megamerger to reshape Asia's energy landscape
SK Group, one of South Korea's largest conglomerates, is on the cusp of a monumental transformation. As the merger between SK Innovation (SKI) and SK E&S reaches its final phase,...
Monday 22 July 2024
SK Group's energy overhaul: SKI and SK E&S merge into US$72.5 billion powerhouse
South Korea's SK Group, previously considering a restructuring of its battery business, is now moving forward with a significant merger between SK Innovation (SKI) and SK E&S...
Monday 18 March 2024
SK Innovation puts Chinese battery subsidiary into liquidation as SK On scales
South Korea-based SK Innovation's Chinese battery subsidiary, Blue Dragon Energy, will go into liquidation as its business scope overlaps with SK On, the SK Group's rising battery...
Thursday 24 March 2022
EV battery report: South Korean companies plan aggressive expansion
South Korea is building up the necessary infrastructure to position itself as a leader in the global electric vehicle (EV) supply chain, with its top three EV battery manufacturers...
Tuesday 7 September 2021
SK Innovation to set up lithium-ion battery factory in China
South Korea-based SK Innovation will set up a wholly own lithium-ion battery factory in China, according to industry sources.