SK On Moves to Establish Tokyo Office to Expand Ties With Japanese Automakers, Explore ESS Opportunities

Published: Apr 22, 2026 11:18

Save

According to SK On on the 21st, the company is currently proceeding with administrative procedures with the aim of establishing a Tokyo branch by late April to early May. The branch will serve as a strategic outpost responsible for expanding cooperation with Japanese automakers such as Nissan and exploring business opportunities in the energy storage system (ESS) sector.

Rather than setting up a separate legal entity, the branch will function as a local sales office.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

11 mins ago

Cobalt Products Prices Show Mixed Performance, Refined Cobalt Rose 2,000 Yuan in a Single Week, Cobalt Salt Prices Await Demand Recovery [Weekly Review]

11 mins ago

4 hours ago

Tesla sells USD 890 million worth of EVs and batteries to SpaceX

SpaceX said in a prospectus filed with the U.S. Securities and Exchange Commission (SEC) on May 20 local time that it purchased Tesla’s Megapack energy storage systems over the two years from 2024. The transaction value was USD 506 million in 2024 and USD 191 million in 2025. SpaceX also purchased USD 131 million worth of Cybertrucks from Tesla last year. Considering the vehicle’s price of around KRW 100 million per unit, SpaceX is estimated to have bought more than 1,900 units. Tesla’s revenue from transactions with SpaceX is estimated at around USD 890 million.

4 hours ago

POSCO Future M to sell entire remaining stake in Chinese anode materials company

According to investment banking industry sources on May 21, POSCO Future M has decided to sell its entire remaining 8.30% stake in Chinese synthetic graphite anode materials company, Inner Mongolia Sinuo New Material Technology Co., Ltd.

4 hours ago