Despite the short-term headwinds, SK’s Ahn said demand for EV batteries is expected to gradually recover this year and be similar to last year’s levels.

SEOUL, Nov 3 (Reuters) - SK Innovation Co Ltd (096770.KS), opens new tab, parent of battery maker SK On, said on Friday its battery business targets to turn a profit in the current quarter after it ...

SEOUL (Reuters) - A feud between two South Korean battery makers escalated on Friday as SK Innovation Co Ltd <096770.KS> said it plans to sue bigger rival LG Chem Ltd <051910.KS> in the United States ...

The U.S. Department of Energy’s Loan Programs Office is making a direct loan of up to $9.63 billion to a Ford Motor Co. joint venture that is preparing to manufacture lithium-ion batteries for future ...