SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain
Green Car Congress
SEPTEMBER 30, 2022
The company, which supplies batteries to automakers including Ford, Hyundai and Volkswagen, currently operates seven factories in the United States, Hungary, China and South Korea and is currently in construction of seven more plants. SK On ranked ninth in terms of global EV battery market share in 2019, but has shot up to fifth this year.
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