Korea Joongang Daily
Korea JoongAng Daily

SK On wins over half the capacity in Korea’s second gov't ESS tender

Korean battery maker SK On won more than half of the capacity awarded in Korea’s second government tender for energy storage systems, officials said Thursday, marking a rebound for the battery maker as EV demand slows.

2026-02-12

Beaten by China in EV batteries, Korea finds an edge in humanoids

After being undercut by lower-cost Chinese rivals in the EV market, Korea’s leading battery makers have recently gained a much-needed jump from the burgeoning humanoid robot sector.

2026-02-03

Exodus of U.S. clients pushes Korean battery makers to the brink

Korean battery manufacturers find themselves at a critical crossroads, as global clients — reeling from a prolonged slump in global EV demand — have walked away from previously pledged multi-billion-dollar contracts.

2025-12-27

SK On, Chinese partner to swap stakes in battery JVs

SK On, the wholly owned battery subsidiary of Korea's leading refiner SK Innovation, said Thursday it will swap stakes in its joint ventures with a Chinese partner as part of a "portfolio rebalancing" strategy.

2025-11-20

SK Group shakes up exec level, changes CEOs at SK Telecom and SK On

SK Group, Korea's chip-to-construction conglomerate, conducted a scheduled executive reshuffle on Thursday to strengthen its restructuring drive, appointing new leaders at key affiliates, including SK Telecom Co. and SK On Co.

2025-10-30

Georgia governor meets with SK On CEO for battery cooperation

Gov. Brian Kemp of the U.S. state of Georgia met with the head of Korean battery maker SK On on Friday to discuss ways to enhance cooperation and strengthen business ties, industry sources said.

2025-10-24

SK On inks deal with Flatiron Energy to expand North American ESS presence

SK On inked a 1 gigawatt-hour energy storage system deal with U.S. renewable energy company Flatiron Energy Development, as part of the company's endeavors to expand its presence in the North American ESS market.

2025-09-04

EV fires stoke worries of rising 'battery phobia', automakers join forces for safety

The National Fire Agency reported 49 battery-related fires in May, 51 in June and 67 in July.

2025-09-01

Hyundai, Kia partner with Korean battery makers to boost EV safety

Hyundai Motor and Kia have partnered with Korea's leading battery producers — LG Energy Solution, Samsung SDI and SK On — to advance electric vehicle (EV) safety technologies, the companies said Friday.

2025-08-22

SK On-Ford JV begins battery production at Kentucky plant

SK On and Ford's joint venture, BlueOval SK, has commenced battery production in Kentucky, supplying EV batteries for Ford’s F-150 Lightning and E-Transit, and plans further expansion in Tennessee.

2025-08-20