On March 19, SK On and Nissan announced a battery agreement that will supply nearly 100 GWh of high-performance, high-nickel batteries to Nissan from 2028 to 2033. These U.S.-manufactured batteries will power Nissan’s next-generation EVs to be produced at the Canton, Mississippi assembly plant. 
Battery production wi

GlobalData attended the 2025 InterBattery event in Seoul, Korea, from March 5-7, 2025. This year, 688 exhibitors participated, including Korean battery cell manufacturers, raw material providers, and manufacturing equipment suppliers. Concurrently, the Korean Battery Industry Association (KBIA) hosted The Battery Con

Several South Korean media sources reported that a secondary battery manufacturer, SK On Co., Ltd., had developed an immersion cooling technology for electric vehicles (EVs) jointly with a South Korean coolant manufacturer, SK Enmove Co., Ltd. This technology is a system that circulates an insulating cooling fluid in

SK On Co., Ltd. (SK On) announced that it will participate in the InterBattery 2025 in Seoul from March 5 to 7, 2025. The company will showcase three battery form factors – pouch, prismatic, and cylindrical.
The company will show a mockup of its cylindrical battery for the first time to introduce its development stra

Several South Korean media sources reported that SK On Co., Ltd., a secondary battery manufacturer, will postpone the operational launch of its plant in Tennessee, the U.S., which was originally scheduled for 2025. The company anticipates launching the plant in 2026 due to a slowdown in demand in the electric vehicle

SK On Co., Ltd. (SK On) announced that it completed a merger with SK Enterm Co., Ltd. as of February 1, 2025. It marks the completion of the merger announced in July 2024 among the three companies: SK On, SK Trading International Co., Ltd. and SK Enterm. The name of the newly merged entity is SK On. In November 2024,

On January 24, SK On signed a deal to supply batteries to Nissan Motor Company’s vehicle assembly plants in the U.S., according to local industry reports.
The deal, estimated to be worth USD 1.8 billion, is for 20 GWh of batteries, enough to power 300,000 battery electric vehicles, to be delivered beginning in 2028.

On January 7, workers at Ford’s BlueOval SK Battery Park in Kentucky officially filed for a union election to join the UAW, noting safety concerns, worker health issues and lack of open communication from the company.
The nearly USD 6 billion battery park, a joint venture between Ford and SK On, is expected to start

On December 16, the U.S. Energy Department announced it had finalized a direct loan of up to USD 9.63 billion to the joint venture of Ford Motor Co. and SK On Ltd. for the construction of three EV battery plants in Tennessee and Kentucky.
The loan is the largest from the department's Advanced Technology Vehicles Manu

Several South Korean media sources reported that SK On Co., Ltd. signed a lithium hydroxide supply agreement with Posco Pilbara Lithium Solution Co., a South Korean company. Under the deal, SK On will secure up to 15,000 tons of lithium hydroxide supply in three years from 2025.
Posco Pilbara Lithium Solution was est

On November 19, Ford announced that it has abandoned plans to produce battery material for EVs at a joint-venture manufacturing plant under construction in Bécancour, Quebec, as it slows its rollout of electric vehicles.
“After evaluating shifts in EV technology, costs and the needs of our business, we’ve decided not

On November 14, Kentucky Gov. Andy Beshear announced that BlueOval SK, Ford’s joint venture with SK On, has hired about 1,100 total workers with 750 of those assigned to work at the massive battery plant in Glendale. Beshear sees the facility as a key component of solidifying Kentucky as the "EV capital of the U.S."

Several South Korean media sources reported that SK On Co., Ltd. had developed an anode for solid-state batteries that are workable at room temperature. The company proceeded with the technology development jointly with a research team from Hanyang University.
The two parties realized the operation at room temperatur

Several South Korean media sources reported that SK Battery America Inc. (SKBA), a US subsidiary of SK On Co., Ltd., will start producing batteries for electric vehicles (EVs) of Hyundai Motor Company at its plant in Georgia, the U.S. in October 2024. The Hyundai Motor Group will start operating Hyundai Motor Group M

Several South Korean media sources reported that EcoPro BM Co., Ltd. halted the construction of its cathode plant in Canada.
The company has been constructing this new plant jointly with SK On Co., Ltd. and Ford Motor Company. However, they stopped the project as Ford had changed the production schedule for its major

Ford has been progressing on construction of its BlueOval City complex in Tennessee, which includes an EV battery plant and separate EV assembly site 
The BlueOval City battery plant, operated in a joint venture between Ford and SK On, is set to begin trial operations in August to test out the facility’s readiness in

San Jose, California-based Sakuu Corporation, a leading provider of equipment and technologies to the battery manufacturing industry, announced a joint development agreement (JDA) with SK On. 
The partnership brings commercial-scale dry process innovation to electrode manufacturing with Sakuu’s Kavian printing platfo

SK On Co., Ltd. announced that Ferrari N.V. has recognized the South Korean company as one of its best suppliers. SK On is the sole battery supplier of Ferrari.
It received the supplier award in the Fearless Organization category, one of eight categories, for its capabilities in addressing Ferrari’s challenging techn

On June 25, ExxonMobil announced it has signed a non-binding memorandum of understanding (MOU) with SK On for a potential lithium offtake agreement in the U.S. 
As part of the MOU, SK can also explore a multi-year agreement that will allow it to secure up to 100,000 metric tons of lithium from ExxonMobil’s project in

On June 12, SK China announced the recent signing of a strategic cooperation framework agreement with Geely Holding Group.
The two parties will cooperate in green mobility-related areas such as EV batteries and automotive electronic components to strengthen the upstream and downstream industries of EVs.
The two parti