https://electriccarsreport.com/2018/12/sk-innovation-announces-new-ev-battery-manufacturing-plant-in-georgia/
SK Innovation Announces New EV Battery Manufacturing Plant in Georgia
December 4, 2018  Blagojce Krivevski

[image  
https://electriccarsreport.com/wp-content/uploads/2017/12/sk-innovation.jpg?4045b2&4045b2
li-ion cell
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South Korea-based SK Innovation, a developer of lithium-ion batteries for
electric vehicles, will invest $1.67 billion to build a new electric vehicle
battery manufacturing plant in Georgia.

SK Innovation, which is part of SK Group, is making the investment to better
compete in the growing global EV battery market. Customers for SK Innovation
include Mercedes-Benz and Hyundai-Kia Motors, and this new investment will
provide opportunities for SK Innovation to bring its world-class products to
additional automakers in the United States.

“We are excited to bolster our presence in the United States by making this
investment in Georgia,” said Jun Kim, CEO of SK Innovation. “SK Innovation
is a worldwide leader in the energy industry and this latest investment will
allow us to work with the growing automotive industry in the Southeastern
United States, ensuring future partnerships for years to come.”

The new plant will be located in Jackson County, Georgia. Construction will
occur in two phases, beginning in early 2019. The first phase will invest
approximately $1 billion and employ more than 1,000 advanced manufacturing
employees, making it the largest scale electric vehicle battery plant in the
United States. SK Innovation leadership worked closely with federal, state
and local officials to finalize the investment.

SK Group’s investment in the state of Georgia is undeniable proof that
President Trump’s economic policies are working for the American economy and
American worker,” said U.S. Secretary of Commerce Wilbur Ross. “I am
delighted that a world-class technology company such as SK sees the merits
of manufacturing in the United States. As similar companies across the world
are discovering, there is no better place to do business than right here in
America.”

For decades, SK Group has been building relationships within the United
States. It already has significant investments in the U.S. and currently
employs nearly 2,000 U.S. workers across 10 states.
[© electriccarsreport.com]


+
https://www.greencarreports.com/news/1120483_german-automakers-commit-to-massive-battery-purchases-sidestep-some-hard-realities
German automakers commit to massive battery purchases, sidestep some hard
realities
Dec 17, 2018  Daimler aims to electrify much of its passenger-vehicle fleet,
with 130 electrified models (electric, hybrid, and plug-in hybrid) by 2022.
It also has big plans to ...
https://images.hgmsites.net/med/mercedes-benz_100668924_m.jpg




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