SK Innovation set to invest over $1 bil. In electric vehicle battery plant
상태바
SK Innovation set to invest over $1 bil. In electric vehicle battery plant
  • Kim Jung-mi
  • 승인 2018.11.27 18:12
  • 댓글 0
이 기사를 공유합니다

In the United States

SK Innovation Co., South Korea's top energy-chemical business, said on Nov. 26, 2018 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 Commerce in Jackson County, Georgia.

A local unit, tentatively called SK Battery America, will run the plant, with the company's Seoul headquarters providing the financing by 2022.

The U.S. plant could be expanded if the need arises.

"The investment is aimed at completing the company's global production chain by establishing a base in the U.S.," SK Innovation said in a filing.

Thanks to the planned investment, the company will have EV battery plants in each of its four key markets -- South Korea, China, Europe and the United States.

SK Innovation is South Korea's leading refiner, but it has moved into the EV battery business since 2008 as part of its efforts diversify its operations and find new revenue sources. (Yonhap)


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.
주요기사