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SK Energy Expands Battery Production Lines for Electric Vehicles Contents
title SK Energy Expands Battery Production Lines for Electric Vehicles
attachment date 2010-07-27 count 14018
- Unveils a plan to build a battery production facility with 500MWh capacity on a 231,000㎡ site in Seosan Industrial Complex, South Chungcheong Province
- Signs a MOU on expansion of battery production lines with local governments
- Completion is set for 2012, expected to create jobs and invigorate local economy
- With comprehensive technologies ranging from parts and components to systems, SK Energy hopes to get ahead in competition
- Production expansion will likely give a boost to strategic partnerships with global carmakers

“SK Energy is expanding battery production lines for electric vehicles.”
SK Energy (President & CEO Ja-Young Koo, www.skenergy.com) said that it would expand battery production lines for electric vehicles on a 231,000㎡ site in Seosan Industrial Complex located in Seosan City, South Chungcheong Province.

At a ceremony held at the South Chungcheong Provincial Office on the 26th, the company signed a memorandum of understanding (MOU) with the South Chungcheong government and the Seosan government, agreeing to expand production lines of electric vehicle batteries. The ceremony was joined by high-ranking officials representing the company and local governments including President of SK Energy, Ja-Young Koo, Governor of South Chungcheong Province, Hee-Jeong Ahn, Mayor of Seosan, Sang-Gon Yoo and Chairman of Gyeryong Construction, Si-Goo Lee.

Under the MOU, the leading energy company will build a battery production facility with 500MWh capacity on the site in Seosan Industrial Complex located in Seosan City, South Chungcheong Province, with completion set for 2012. The 500MWh capacity is equal to batteries for around 500,000 hybrid vehicles.

“We have decided to expand production facilities in the Seosan Industrial Complex where we can maintain close cooperation with SK Energy Institute of Technology located in Daejeon as well as gain access to companies generating demand and reduce the risk of technology leakage,” said an official at the company. “With this deal, we will be able to accelerate our push into the market for electric vehicle batteries, considered one of future energy sources.”

The expansion is also expected to generate jobs in the province, and further stimulate the local economy by offering business opportunities for related businesses.

SK Energy built the first battery production line for electric vehicles with 100MWh capacity within the SK Energy Institute of Technology located in Yuseong-gu, Dajeon in late May. The increase in production capacity is expected to help the company to add more partnerships with global automakers to its existing deals with Mitsubishi Fuso and Hyundai-KIA Automotive Group.

By combining mass production capability with a full range of technologies spanning across a lithium-ion battery separator developed by the company, parts and components such as electrode and finished products, the company will help the country to ease dependence on foreign components while getting ahead in competition for electric car batteries.

SK Energy has been leading development of an array of future energy resources including clean coal, GreenPol (CO2 plastic), biofuels, hydrogen energy and smart grid as well as batteries for electric vehicles.




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