{"id":2329,"date":"2020-10-25T18:00:04","date_gmt":"2020-10-25T09:00:04","guid":{"rendered":"https:\/\/askinno.com\/global\/?p=2329"},"modified":"2024-04-15T15:24:01","modified_gmt":"2024-04-15T06:24:01","slug":"the-40-years-of-sk-innovations-battery-development-history-%e2%91%a2-recent-stage-2006-2016","status":"publish","type":"post","link":"https:\/\/askinno.com\/global\/archives\/2329","title":{"rendered":"The 40 years of SK Innovation\u2019s battery development history \u2462 Recent stage (2006 \u2013 2016)"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2358\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uba54\uc778-1.jpg\" alt=\"\" width=\"1180\" height=\"440\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">In the last few weeks, SKinno News has published the first two episodes about the early stage (1982 \u2013 1993) and middle stage (1996 \u2013 2005) of SK Innovation&#8217;s battery development history. 38 years ago, the history of SK Innovation\u2019s battery business started with Yukong\u2019s<sup>(1)<\/sup> decision to choose \u201cEnergy accumulating battery system\u201d as its future business to achieve the vision of becoming a \u201cTotal Energy Solution Provider\u201d. Entering the 2000s, SK Innovation\u2019s battery business bloomed with the success of developing medium &amp; large sized batteries for automobiles and winning the first order from global OEMs. <\/span><\/p>\n<p><em>(1) Yukong: in 1982, Korea Oil Corporation changed its name to Yukong after being acquired by Sunkyung Group<\/em><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">This time, let\u2019s take a look at the recent stage of SK Innovation\u2019s battery history from 2006 to 2016. <\/span><\/p>\n<p>&nbsp;<\/p>\n<div style=\"width: 100%; max-width: 1180px; 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: 11pt;\"><strong>\u25a0 Related articles <\/strong><\/span><br \/>\n<span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 11pt;\">&#8211; <a href=\"https:\/\/askinno.com\/global\/archives\/1960\" target=\"_blank\" rel=\"noopener\">The 40 years of SK Innovation\u2019s battery development history \u2460 Early stage (1982 \u2013 1993)<\/a><br \/>\n&#8211; <a href=\"https:\/\/askinno.com\/global\/archives\/2212\" target=\"_blank\" rel=\"noopener\">The 40 years of SK Innovation\u2019s battery development history \u2461 Middle stage (1996 \u2013 2005)<\/a><br \/>\n<\/span><\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 14pt;\"><strong><span style=\"color: #ff0000;\">|<\/span> Recent stage of SK Battery (2006 \u2013 2016)<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 14pt;\"><strong> <span style=\"color: #ff0000;\">01 |<\/span> Sep. 2006 \u2013 SK succeeded in developing medium &amp; large sized lithium-ion batteries for automobile<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2333\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_1.jpg\" alt=\"\" width=\"1180\" height=\"396\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">As presented in previous post regarding the middle stage of SK\u2019s battery history, SK initiated the development of lithium-ion batteries in 1996, and announced its full-fledged entry into the rechargeable battery business in 2005. Later in 2006, SK embraces another remarkable moment that went down in the history of battery. <\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">According to an article published on September 20, 2006 <strong>SK developed its own hybrid automobile battery (medium &amp; large lithium ion battery) and recently succeeded in loading the battery in real automobiles at the test operation in the US.<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">The article also revealed that \u201cSK initiated the development of hybrid automobile battery in 2004, succeeded in its development in March, 2006, loaded it in a hybrid car of Toyota for 3 months from June, and made its trial run in the official driving course in the USA\u201d, and continued \u201cas a result, the energy efficiency improvement effect was improved by more than 10% compared to the existing battery.\u201d<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 14pt;\"><strong> <span style=\"color: #ff0000;\">02 |<\/span> Oct. 2009 \u2013 The first overseas order of SK battery<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2334\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_2.jpg\" alt=\"\" width=\"1180\" height=\"383\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">According an artice on October 26, 2009, <strong>SK has concluded a contract of supplying the medium &amp; large lithium ion battery for hybrid cars on October 25th to Mitsubishi Fuso, an integral part of Germany\u2019s Daimler group.<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">The article added, \u201cSK has assured its qualification to join as the priority business partner in hybrid and electric car development that Daimler group will proceed in the future after its conclusion of supply contract,\u201d and \u201cGermany\u2019s Mercedes-Benz also belongs to Daimler group, so SK is likely to supply the battery not only for commercial hybrid cars but also for electric passenger cars.\u201d<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2387\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc778\ud130\ubdf0\ubbfc\uc7ac\uc724-1.jpg\" alt=\"\" width=\"1180\" height=\"457\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2403\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc778\ud130\ubdf0\uae40\ud0dc\ubcf5-2.jpg\" alt=\"\" width=\"1180\" height=\"320\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2389\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc778\ud130\ubdf0\uc774\uc7ac\uba85-1.jpg\" alt=\"\" width=\"1180\" height=\"403\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 14pt;\"><strong> <span style=\"color: #ff0000;\">03 |<\/span> Mar. 2010 \u2013 SK was selected as the battery supplier for Hyundai electric cars<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2335\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_3.jpg\" alt=\"\" width=\"1180\" height=\"377\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"><strong>The article released on March 31, 2010 quoted an SK official \u201cSK has joined with Hyundai Motors in the national policy task of Korean Ministry of Knowledge Economy\u201d and <span style=\"background-color: #ff6600; color: #ffffff;\"><strong>\u201cSK\u2019s battery will be put in 100% pure electric cars<sup>(2)<\/sup> that will be commercialized first in the country.\u201d<\/strong><\/span><\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><em><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 11pt;\">(1) Pure electric cars: Battery electric vehicle (BEV)<\/span><\/em><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"><strong>Moreover, the article revealed \u201cSK, Hyundai Motors and Hyundai Mobis are joining in the national policy task of Small Electric Car Technology Development\u201d of Ministry of Knowledge Economy\u201d and \u201cSK Energy was exclusively selected in the lithium ion battery system area.\u201d<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2383\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_5_1-1.jpg\" alt=\"\" width=\"1180\" height=\"290\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2337\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_5_2.jpg\" alt=\"\" width=\"1180\" height=\"318\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2338\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_5_3.jpg\" alt=\"\" width=\"1180\" height=\"319\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 14pt;\"><strong> <span style=\"color: #ff0000;\">04 |<\/span> Sep. 2010 &#8211; Hyundai Motors produces the national first electric car using SK battery <\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2339\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_4.jpg\" alt=\"\" width=\"1180\" height=\"370\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">In an article released on September 10, 2010, it was reported that <strong>SK\u2019s lithium ion polymer battery for electric car was installed on \u2018BlueOn\u2019, Korea\u2019s first high speed electric car.<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">The article highlighted <strong>\u201cthe battery corresponding to the engine of diesel locomotive is the 16.4kWh lithium ion polymer battery for electric car developed by SK Energy,\u201d<\/strong> and \u201cthe lithium ion polymer battery is 30% lighter and 40% smaller, with excellent efficiency, and higher utilization of space inside the vehicle than the existing Nickel hydrogen battery.\u201d The article added \u201cHyundai Motos has secured 4 seats by putting this battery pack at the bottom of the vehicle.\u201d<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2407\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc778\ud130\ubdf0\uae40\uaddc\uc2dd-2.jpg\" alt=\"\" width=\"1180\" height=\"441\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 14pt;\"><strong> <span style=\"color: #ff0000;\">05 |<\/span> Feb. 2011 \u2013 SK Innovation signed a contract to supply batteries for supercars with Daimler Group <\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2340\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_6.jpg\" alt=\"\" width=\"1180\" height=\"272\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">An article released on October 2nd, 2011, reported that SK Innovation signed a contract to supply lithium-ion batteries for the &#8220;SLS AMG E-CELL&#8221; model made by the high-performance premium car producer Mercedes-AMG, a subsidiary of Mercedes-Benz.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">&#8220;SK Innovation entered into a strategic technology cooperation with Daimler, which boasts the best technology in vehicle development, to supply its battery products,\u201d the article added. It also said this was an opportunity to demonstrate SK Innovation&#8217;s battery technology.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2342\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_13_2.jpg\" alt=\"\" width=\"1180\" height=\"321\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 14pt;\"><strong> <span style=\"color: #ff0000;\">06 |<\/span> Jun. 2011 \u2013 Chairman Chey Tae-won visited SK Innovation Institute of Technology Innovation (formerly Global Technology) <\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2400\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_7-3.jpg\" alt=\"\" width=\"1180\" height=\"883\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">In June 2011, Chey Tae-won, chairman of SK Group, visited SK Innovation Institute of Technology Innovation (formerly Global Technology) and showed his strong commitment to the EV battery business.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">According to a newspaper article released on June 10, 2011, Chairman Chey Tae-won said that <span style=\"background-color: #ff6600; color: #ffffff;\"><strong>\u201cThe battery business will keep running until the day all cars use SK batteries. I will also run with it\u201d when he visited SK Innovation&#8217;s Institute of Technology Innovation. The article continued by emphasizing that Chairman Chey\u2019s words expressed his strong commitment to the medium and large-sized secondary battery business.<\/strong><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">The article added, &#8220;As soon as he arrived at Daedeok, Chairman Chey visited the Mass Production Line 1 of of rechargeable batteries for EVs and encouraged employees at the site. In particular, he entered the site wearing a dustproof suit and listened to a rechargeable battery production technology presentation while also checking every product. He also visited a new construction site of rechargeable batteries for EVs research center and showed much interest.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2405\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_14_1-1.jpg\" alt=\"\" width=\"1180\" height=\"349\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2345\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_14_2.jpg\" alt=\"\" width=\"1180\" height=\"317\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2346\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_14_3.jpg\" alt=\"\" width=\"1180\" height=\"498\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2347\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_14_4.jpg\" alt=\"\" width=\"1180\" height=\"313\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 14pt;\"><strong> <span style=\"color: #ff0000;\">07 |<\/span> Apr. 2013 \u2013 SK Innovation signed a LOI (letter of intent) to establish a joint venture with Beijing Automotive Group and Beijing Electronics <\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2348\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_8.jpg\" alt=\"\" width=\"1180\" height=\"381\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">A newspaper report released on April 23, 2013 revealed &#8220;SK Innovation signed a LOI (letter of intent) to establish a joint venture for EV batteries in Beijing on the 22<sup>nd<\/sup>.&#8221; <\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">The article added, &#8220;Until the production base of the joint venture is expanded, SK Innovation will supply battery cells produced at its Seosan EV battery plant to the joint venture partners.&#8221;<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2349\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_21.jpg\" alt=\"\" width=\"1180\" height=\"429\" \/><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 10pt;\">\u25b2 SK Innovation signed a contract to establish a joint venture for EV batteries with Beijing Automotive Group and Beijing Electronics on July 5, 2013<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">About three months later, on July 5, 2013, SK Innovation signed a contract to establish a joint venture for EV batteries with Beijing Automotive Group and Beijing Electronics.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2350\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_15_1.jpg\" alt=\"\" width=\"1180\" height=\"240\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2351\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_15_2.jpg\" alt=\"\" width=\"1180\" height=\"275\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 14pt;\"><strong> <span style=\"color: #ff0000;\">08 |<\/span> Apr. 2014 \u2013 Kia Soul EV using SK Innovation batteries was launched<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2360\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_19.jpg\" alt=\"\" width=\"1180\" height=\"327\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2361\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_20.jpg\" alt=\"\" width=\"1180\" height=\"585\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">According to a report on April 10, 2014, <strong>Kia Motors launched \u2018Soul EV\u2019 with SK Innovation EV batteries mounted on it.<\/strong> Another report on April 14 said the automaker delivered the first Soul EV to SK Innovation. <\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">The report revealed, <strong>\u201cKia Motors and SK Innovation signed an MOU to develop and increase adoption of EVs in 2012 and they have been cooperating since then. As a common efforts from both companies, Soul EV has been made with lithium-ion batteries of 27kWh, which has the highest level of energy density.\u201d<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2362\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_16.jpg\" alt=\"\" width=\"1180\" height=\"492\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2391\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc778\ud130\ubdf0\uae40\uc720\uc11d-2.jpg\" alt=\"\" width=\"1180\" height=\"556\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 14pt;\"><strong> <span style=\"color: #ff0000;\">09 |<\/span> Jul. 2015 &#8211; SK Innovation completed expansion of Seosan battery factory<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2363\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_10.jpg\" alt=\"\" width=\"1180\" height=\"420\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">On July 30, 2015, an article reported, <strong>\u201cSK Innovation said it completed the expansion of its EV battery plant in Seosan, South Chungcheong Province. This will increase its annual production capacity to supply from 15,000 units to 30,000 units of EVs. The commercial production was said to have just begun as well.\u201d<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">The report continued, <strong>\u201cThe expansion was a follow up measure to meet the recent increase in demand from Kia Motors and BAIC, to which SK Innovation has been supplying batteries, for the Kia Soul EV, and BAIC EV200 and ES210 respectively.\u201d<\/strong> It added, \u201cThe expansion will increase the company\u2019s supply, and thus SK Innovation&#8217;s battery business is expected to triple sales this year (2015) compared to last year (2014).\u201d<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 14pt;\"><strong> <span style=\"color: #ff0000;\">10 |<\/span> Feb. 2016 &#8211; SK Innovation Will Supply Batteries to Mercedes Benz EVs<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2364\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_11.jpg\" alt=\"\" width=\"1180\" height=\"445\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">A report on February 18, 2016, reads <strong>SK Innovation concluded an agreement to supply its lithium-ion battery cells to Daimler\u2019s Benz EV models which would be launched.<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">The report said, <strong>\u201cOn February 17, <span style=\"background-color: #ff6600; color: #ffffff;\">SK Innovation said it has concluded an agreement to supply its lithium-ion battery cells to Daimler\u2019s Benz EV models which will be launched in 2017.\u201d In addition, \u201cWith the agreement, SK Innovation will supply its lithium-ion batteries to the major EV project of Daimler Group\u2019s Mercedes Benz.<\/span><\/strong><\/span> <strong>Daimler is going to assemble the battery cells from SK Innovation into packs and mount them on their EVs.\u201d<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2365\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_17_1.jpg\" alt=\"\" width=\"1180\" height=\"354\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2366\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_17_2.jpg\" alt=\"\" width=\"1180\" height=\"241\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 14pt;\"><strong> <span style=\"color: #ff0000;\">11 |<\/span> Nov. 2014 \u2013 SK Innovation expanded Seosan battery plant again<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2373\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_12.jpg\" alt=\"\" width=\"1180\" height=\"386\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">An article released on November 15<sup>th<\/sup>, 2016, reported n SK Innovation\u2019s plan to expand the battery factory in Seosan, Chungcheongnam-do, Korea. According to the article, SK Innovation\u2019s expansion plan announced on November 14<sup>th<\/sup> is due to the continued increase in EV battery orders at home and abroad.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">The article also revealed \u201cSK Innovation has decided to build a new battery production line that has annual production capacity of 800MWh, which can supply to 30,000 EV units per year at this plant by the first half of 2018,\u201d and \u201call battery cells produced by the upcoming expanding line will be supplied to Daimler-Benz in Germany.\u201d<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2406\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2020\/10\/201012_\ubc30\ud130\ub9ac\uadfc\ub300\uc0ac_\uc774\ubbf8\uc9c0_18-3.jpg\" alt=\"\" width=\"1180\" height=\"1566\" \/><\/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\/1960\" target=\"_blank\" rel=\"noopener\"> The 40 years of SK Innovation\u2019s battery development history \u2460 Early stage (1982 \u2013 1993)<\/a><br \/>\n&#8211;<a href=\"https:\/\/askinno.com\/global\/archives\/2212\" target=\"_blank\" rel=\"noopener\"> The 40 years of SK Innovation\u2019s battery development history \u2461 Middle stage (1996 \u2013 2005)<\/a><\/span><\/span><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; In the last few weeks, SKinno News has published the first two episodes about the early stage (1982 \u2013 1993) and middle stage (1996 \u2013 2005) of SK Innovation&#8217;s battery development history. 38 years ago, the history of SK Innovation\u2019s battery business started with Yukong\u2019s(1) decision to choose \u201cEnergy accumulating battery system\u201d as its &#8230; <a title=\"The 40 years of SK Innovation\u2019s battery development history \u2462 Recent stage (2006 \u2013 2016)\" class=\"read-more\" href=\"https:\/\/askinno.com\/global\/archives\/2329\" aria-label=\"Read more about The 40 years of SK Innovation\u2019s battery development history \u2462 Recent stage (2006 \u2013 2016)\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":2371,"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":[2,3,61,644,347],"tags":[35,34],"class_list":["post-2329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporates","category-insight","category-series","category-sk-on","category-trend_report","tag-battery","tag-electric-vehicles"],"acf":[],"_links":{"self":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/2329","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=2329"}],"version-history":[{"count":28,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/2329\/revisions"}],"predecessor-version":[{"id":17962,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/2329\/revisions\/17962"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media\/2371"}],"wp:attachment":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media?parent=2329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/categories?post=2329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/tags?post=2329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}