- SK On and Ford Motor Company finalized a joint venture in July 2022 called BlueOval SK to manufacture batteries for electric vehicles. In April 2023, SK On and Hyundai Motor Group approved plans to set up a joint venture to make EV battery cells.
- SK Signet, a leading EV charger manufacturer, opened its first U.S. manufacturing facility in June 2023 to produce CCS and NACS compliant EV chargers and launched
a new ultra-fast EV charger in January 2023.
- Absolics Inc., a subsidiary of SKC Co. Ltd., broke ground
in November 2022 on a $600 million investment to supply advanced
materials to the semiconductor industry, driving the energy efficiency
- SK Geo Centric, a subsidiary of SK Innovation, launched its Waste & Carbon Zero
strategy to recycle plastics totaling the same amount of its global
production volume. Additionally, SK Geo Centric plans to construct the
world’s first multiple chemical recycling facility – ‘Advanced Recycle Cluster’ – in Ulsan, South Korea, by late 2025.
Source: SK Group Newsroom, Link