S K INNOVATIONS EXPANDING BATTERY PLANTS

S K innovations of South Korea is planning to expand their battery plants for the growing demands of Electric Vehicles in the United States and in Hungary. This will be the second battery plant in both countries.

Kim Jun, CEO of SK Innovation Co Ltd., stated that he aims to produce more Asian batteries in the United States instead of importing them from their countries. This will reduce the hustle of tariffs and the demands of the lo....