{"id":19511,"date":"2024-11-14T10:27:03","date_gmt":"2024-11-14T01:27:03","guid":{"rendered":"https:\/\/askinno.com\/global\/?p=19511"},"modified":"2025-10-26T14:43:26","modified_gmt":"2025-10-26T05:43:26","slug":"sk-road-to-be-named-in-hungary","status":"publish","type":"post","link":"https:\/\/askinno.com\/global\/archives\/19511","title":{"rendered":"&#8216;SK Road&#8217; to be named in Hungary"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">SK On, a leading global electric vehicle battery and trading company, announced that the road that that connects one of the Hungarian plants with the nearby town, Iv\u00e1ncsa, has been officially renamed as &#8216;SK road\u2019 (SK \u00fat) in recognition of the company\u2019s role and presence in the region. <\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">Located in Iv\u00e1ncsa, Fej\u00e9r County, the newly named road spans approximately 1.8 km, extending from the entrance of the Iv\u00e1ncsa Industrial Complex to SK On&#8217;s Iv\u00e1ncsa facility. This road also connects the plant to Hungary&#8217;s capital, Budapest, via the M6 motorway.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">SK On Hungary held a ceremony on November 12, attended by key local figures, including Tibor Moln\u00e1r, Mayor of Iv\u00e1ncsa, and Sejin Kim, Managing Director of SK On Hungary.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">\u201cIt is a great honor and privilege to officially name the public road leading to and running around our factory \u201cSK \u00fat,\u201d with the trust and support of the community,\u201d said Sejin Kim, Managing Director of SK On Hungary.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">&#8220;From the very beginning, we have regarded Iv\u00e1ncsa and the surrounding region as our home. We deeply value the talent and expertise of the people here, and we believe in the strength of cooperation and partnership.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">Following the ceremony, attendees took a firsthand look at the advanced battery manufacturing process at the Iv\u00e1ncsa plant.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">\u201cI am very pleased to be invited to this meaningful naming ceremony and factory tour. As the largest company in the region, SK On Hungary plays a pivotal role not only in Iv\u00e1ncsa but also in the greater Duna\u00fajv\u00e1ros area,\u201d said Moln\u00e1r Tibor, Mayor of Iv\u00e1ncsa. \u201cWe will continue to do our utmost to foster a strong relationship with SK On, and I believe this event marks a new milestone in that journey.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">The Iv\u00e1ncsa plant is SK On&#8217;s third battery production facility in Hungary, following the first (7.5GWh) and second (10GWh) plants in Kom\u00e1rom. The investment decision for this third plant was made in January 2021, with construction beginning in the third quarter of the same year. Mass production commenced in the second quarter of 2024. <\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">The Iv\u00e1ncsa plant has an annual production capacity of 30GWh, significantly increasing SK On&#8217;s total battery production capacity in Europe to 47.5GWh.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">The Iv\u00e1ncsa facility is equipped with cutting-edge machinery and advanced automation systems, while also incorporating the manufacturing expertise from its Kom\u00e1rom plants. As a result, the Iv\u00e1ncsa plant achieved a production yield exceeding 90% within just three months of mass production, reaching the level of early stabilization. Typically, a new facility requires around six months to stabilize, meaning the ramp-up period at Iv\u00e1ncsa was halved. <\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">SK On has been actively supporting the local community to foster mutual growth. In 2021 and 2022, the company donated a total of 15 million forint to the local public foundations in Iv\u00e1ncsa. These funds were used to enhance the urban environment, upgrade school facilities, revitalize local events, and provide essential supplies to vulnerable residents.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: left;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"><strong>[Photo]<\/strong>\u00a0SK Road (SK \u00fat) in Iv\u00e1ncsa, Hungary <\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-19512\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2024\/11\/\uc0ac\uc9c4-\ud5dd\uac00\ub9ac-\uc774\ubc18\ucc28-SK\ub85c-\ud45c\uc9c0\ud310-scaled.jpg\" alt=\"\" width=\"2560\" height=\"1920\" srcset=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2024\/11\/\uc0ac\uc9c4-\ud5dd\uac00\ub9ac-\uc774\ubc18\ucc28-SK\ub85c-\ud45c\uc9c0\ud310-scaled.jpg 2560w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2024\/11\/\uc0ac\uc9c4-\ud5dd\uac00\ub9ac-\uc774\ubc18\ucc28-SK\ub85c-\ud45c\uc9c0\ud310-300x225.jpg 300w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2024\/11\/\uc0ac\uc9c4-\ud5dd\uac00\ub9ac-\uc774\ubc18\ucc28-SK\ub85c-\ud45c\uc9c0\ud310-1024x768.jpg 1024w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2024\/11\/\uc0ac\uc9c4-\ud5dd\uac00\ub9ac-\uc774\ubc18\ucc28-SK\ub85c-\ud45c\uc9c0\ud310-768x576.jpg 768w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2024\/11\/\uc0ac\uc9c4-\ud5dd\uac00\ub9ac-\uc774\ubc18\ucc28-SK\ub85c-\ud45c\uc9c0\ud310-1536x1152.jpg 1536w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\" \/><\/p>\n<p>&nbsp;<\/p>\n<div style=\"width: 100%; max-width: 11240px; border: 2px solid #d5d5d5; padding: 5px 0px; line-height: 26px; font-size: 16px;\">\n<div style=\"padding: 0px 10px;\">\n<div style=\"margin-top: 10px; margin-bottom: 10px;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"><strong>\u25a0 Related articles <\/strong><br \/>\n&#8211;<a href=\"https:\/\/askinno.com\/global\/archives\/18268\" target=\"_blank\" rel=\"noopener\"> The Great Music Festival in Hungary: \u201cBreaking boundaries and discovering new abilities through music\u201d<\/a><br \/>\n&#8211;<a href=\"https:\/\/askinno.com\/global\/archives\/16405\" target=\"_blank\" rel=\"noopener\"> SK Innovation, SK On Hungary to nurture talents of musicians with developmental disabilities<\/a><br \/>\n&#8211;<a href=\"https:\/\/askinno.com\/global\/archives\/15103\" target=\"_blank\" rel=\"noopener\"> SK Boulevard unveiled, celebrating SK On\u2019s local impact in Jackson County<\/a><br \/>\n<\/span><\/span><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>SK On, a leading global electric vehicle battery and trading company, announced that the road that that connects one of the Hungarian plants with the nearby town, Iv\u00e1ncsa, has been officially renamed as &#8216;SK road\u2019 (SK \u00fat) in recognition of the company\u2019s role and presence in the region. Located in Iv\u00e1ncsa, Fej\u00e9r County, the newly &#8230; <a title=\"&#8216;SK Road&#8217; to be named in Hungary\" class=\"read-more\" href=\"https:\/\/askinno.com\/global\/archives\/19511\" aria-label=\"Read more about &#8216;SK Road&#8217; to be named in Hungary\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":19521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1914,1915],"tags":[1918,52,648,1783,884,1063],"class_list":["post-19511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-presspress","category-press-releases","tag-batteriesmaterials","tag-hungary","tag-sk-on","tag-sk-road","tag-sko","tag-skoh"],"acf":[],"_links":{"self":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/19511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/comments?post=19511"}],"version-history":[{"count":6,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/19511\/revisions"}],"predecessor-version":[{"id":153226,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/19511\/revisions\/153226"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media\/19521"}],"wp:attachment":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media?parent=19511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/categories?post=19511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/tags?post=19511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}