The F-150 Lightning, Ford's first all-electric pickup truck model SK On Co., South Korea’s leading electric vehicle battery manufacturer, is expected to improve production capacity as its client Ford Motor Co. has started customer deliveries of the F-150 Lightning. F-150 Lightning i
POSCO Chemical, GM signed an agreement on May 27 to set up a battery materials JV South Korea’s POSCO Chemical Co. and General Motors Co. on Friday agreed to set up a joint venture that will supply about 20 trillion won ($16 billion) worth of cathode materials for eight years to GM’
CATL’s prismatic LFP batteries. LG Energy Solution and SK On are set to add prismatic types to their lithium-ion battery lineups LG Energy Solution Ltd. and SK On Co., the world’s No. 2 and No. 5 battery makers, respectively, are set to add prismatic batteries to their lithium-ion b
SK On Co., an electric vehicle battery maker of SK Innovation Co., is bolstering its M&A team by hiring M&A experts from a leading law firm and other South Korean companies, raising speculation that it would hunt for overseas acquisition targets.The new hires come as the world’s
SK On’s battery plant in the US state of Georgia under construction (Courtesy of SK Innovation) SK On Co., the world’s fifth-largest electric vehicle battery manufacturer, plans to build a new US factory to supply batteries to a planned EV plant of Hyundai Motor Co. there to expand
POSCO's nickel mine in Australia POSCO Group, which owns South Korea’s largest steelmaker, plans to invest 25 trillion won ($20 billion) to secure a stable supply of key raw materials used in electric vehicle batteries amid a growing trend of resource nationalism worldwide.POSCO Holdings
A POSCO mining project in Australia South Korea’s top steelmaker POSCO and Hancock Prospecting Pty Ltd, a leading Australian mining firm, have agreed to restart a long-dormant iron ore mine development project as the prices of the steelmaking raw material soar.According to industry source