On November 4, Louisville, Colorado-based Solid Power, Inc. announced its financial results from Q3 2025, while its year-to-date 2025 operating loss was $74.3 million..
Solid Power delivered USD 4.6 million in revenue and grant income during Q3, bringing year-to-date revenue recognized to USD 18.1 million, while its

SK On Co., Ltd., a battery manufacturing subsidiary of SK Innovation Co., Ltd., announced the completion of its pilot plant for all-solid-state batteries at the Institute of Future Technology, SK On’s research and development base in the Daejeon Metropolitan City, South Korea. The new plant will be primarily used to

On September 4, SK On announced it is entering the U.S. battery energy storage system (BESS) market with lithium iron phosphate (LFP) batteries. SK On, part of the SK Group, secured a BESS supply contract with Flatiron Energy Development, a U.S. utility-scale energy storage developer, owner and operator.
Under the ag

Several South Korean media sources reported that SK On Co., Ltd., a battery manufacturing subsidiary of SK Innovation Co., Ltd., will supply batteries to Slate Auto, a US EV startup. The batteries produced at SK On’s plant in Georgia, the U.S., will be installed on Slate Auto’s pickup trucks, which are scheduled to b

Production began on August 19 at the BlueOval SK Battery Park site in Kentucky, a joint-venture between Ford and SK On, with the first battery rolling off the line destined for a Ford F-150 Lightning.
BlueOval SK in Kentucky had already scaled back its output capacity plans amid a slowdown in EV demand. BlueOval SK B

Several South Korean media sources reported that SK On Co., Ltd., a battery manufacturing subsidiary of SK Innovation Co., Ltd., had signed an agreement for battery recycling ecosystem establishment with South Korea’s EcoPro. Based on the deal, SK On will extract black powder from scrap from its U.S. production subsi

BlueOval SK announced that it began battery production at its first plant in Glendale, Kentucky on August 19, 2025. The Kentucky 1 battery facility will produce batteries for the Ford F-150 Lightning and the extended range Ford E-Transit.
BlueOval SK was established in July 2022 as a joint venture between Ford and SK

Several South Korean media sources reported that SK On Co., Ltd., a battery manufacturing subsidiary of SK Innovation Co., Ltd., has renamed the “SK On Battery Research Institute” located in the Daejeon Metropolitan City to the “Future Technology Research Institute.” The short-term challenge for this institute is to

Ford and SK On’s joint-venture BlueOval SK Battery Park site in Kentucky was originally planned to have two operational plants on its large campus, which would employ 5,000 people. However, with slower demand for EVs, the two companies had chosen to only utilize one of those plants and hire 2,500 workers in the inter

SK On Co., Ltd., a battery manufacturing subsidiary of SK Innovation Co., Ltd., announced that it has been selected as a battery supplier for a U.S.-based electric vehicle (EV) startup, Slate Auto. SK On will produce NCM (nickel, cobalt, and manganese) batteries at its U.S. plant and supply them to Slate Auto for the

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