SK Innovation to end Li-ion JV with Continental due to slow demand growth for EVs
Green Car Congress
DECEMBER 2, 2014
Yonhap said that the companies are the partnership early due to weak market demand for battery-powered vehicles amid limited infrastructure and falling oil prices. According to Yonhap, SK Innovation said in a regulatory filing that it will buy a full stake in the Korean branch of the joint venture at 14.48
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