SK Innovation To Invest $1 Billion In A New Battery Factory In China

By One America News —— Bio and Archives September 1, 2021

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SEOUL (Reuters) -South Korea’s SK Innovation Co Ltd said on Wednesday it will invest 1.2 trillion won ($1.04 billion) in a new battery factory in China. The investment comes as global automakers shift to electric vehicles (EV) to comply with environmental regulations, leading to increasing demand for EV batteries.-- More...

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