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Home / Metal News / SK On, a South Korean battery manufacturer, is seeking to raise $1.5 billion in funding

SK On, a South Korean battery manufacturer, is seeking to raise $1.5 billion in funding

Feb 21, 2024 21:28

Source:SMM

SK On, a South Korean battery manufacturer, is looking to raise up to 2 trillion Korean won (15 billion US dollars) in funding to expand its overseas facilities.

SK On, a South Korean battery manufacturer, is looking to raise up to 2 trillion Korean won (15 billion US dollars) in funding to expand its overseas facilities. The company has issued tender offers to global investment banks and was spun off from SK Innovation in October. With clients such as Ford, Hyundai, and Volkswagen, SK On already has production facilities in the United States, South Korea, China, Hungary, and Turkey.

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SK On, a South Korean battery manufacturer, is seeking to raise $1.5 billion in funding

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo