SK IET IPO raises $2B, South Korea’s Biggest Listing In 4 years

SK IE Technology and SK Innovation raised $2 billion in an IPO to foster the EV battery industry, bringing about South Korea’s largest listing in 4 years.

SK IE Technology Co. and parent company SK Innovation Co. said they had raised 2.25 trillion won ($2 billion) for the battery component-manufacturing ...

Hyundai Kia SK Innovation to develop hybrid EV battery

Hyundai, Kia, SK Innovation Partner to Develop Hybrid EV Battery (HEV)

by James Jung

April 19, 2021

Hyundai Motor Group and SK Innovation announced that they would be teaming up to develop hybrid electric vehicle (HEV) batteries. Accordingly, the two ...

South Korean firms LG Energy Solution and SK Innovation resolves their two-year legal dispute regarding the electric vehicle battery tech misappropriation.

LG Energy Solution, SK Innovation Resolve EV Battery Tech Dispute

by James Jung

April 12, 2021

The two South Korean battery manufacturers, LG Energy Solution and SK Innovation announced that they had settled the two-year electric vehicle (EV) battery ...

LG Energy Solution partners with GM for expanding EV battery cell manufacturing capacity in the US, tackling the growing electrification developments.

LG Energy Solution, GM Expands EV Battery Manufacturing Capacity

by KoreaTechToday Editor

March 8, 2021

LG Chem’s subsidiary LG Energy Solution and General Motors Company announced they would partner for another battery cell manufacturing facility. According to GM spokesperson ...

South Korea’s Ministry of Trade, Industry, and Energy partners with Hyundai, LG, KST, and Hyundai Glovis for eco-friendly EV battery leasing and reusing.

South Korea Partners with Hyundai, LG, KST for EV Battery Reuse

by James Jung

February 19, 2021

South Korea’s Ministry of Trade, Industry, and Energy (MOTIE) signed a memorandum of understanding with Hyundai Motor, LG Energy Solution, ...

SK Group Chairman Chey Tae-won (left) shakes hands with Hyundai Motor Group Executive Vice Chairman Chung Euisun during a meeting at SK Innovation’s Seosan EV battery plant in July.

Hyundai Joins SK Innovation to Develop EV Battery Ecosystem

by KoreaTechToday Editor

September 8, 2020

Hyundai Motor and its sister company, Kia Motors, announced on Tuesday that they joined hands with SK Innovation to develop ...

lg chem vice chairman shin hak-cheol introducing the company's new slogan

“We Connect Science”: LG Chem to Transform into Science Company

by KoreaTechToday Editor

May 7, 2020

Under its new vision, “We connect science to life for a better future,” LG Chem on Thursday announced its plan ...

SK Innovation Invests $727 Million to Build Second U.S. EV Battery Plant

by James Jung

April 29, 2020

SK Innovation said on Tuesday that it plans to inject an additional 886 billion won ($727 million) investment to build ...

(From left) Yuichi Aihara, Principal Engineer from SRJ, Yong-Gun Lee, Principal Researcher and Dongmin Im, Master from SAIT.

Samsung Introduces Revolutionary All-Solid-State Battery Technology

by KoreaTechToday Editor

March 10, 2020

Samsung Electronics’ Advanced Institute of Technology (SAIT) division revealed a groundbreaking technology for long-lasting all-solid-state batteries. SAIT unveiled the new ...