SK Group Boss Blames U.S.-China Tensions For EV Battery Prices
South Korean billionaire Chey Tae-won said geopolitical tensions between the U.S. and China have kept prices for electric car batteries higher for longer as his conglomerate looks to reduce its reliance on the world’s second-largest economy. “Due to the geopolitics…
SK Group To Invest $16.4B To Create Hydrogen Production-Distribution-Consumption Ecosystem By 2025
Korea-based SK Group will invest about 18 trillion won (US$16.4 billion) over the next five years to create a domestic hydrogen ecosystem—production, distribution, and consumption—through creation of domestic hydrogen infrastructure and also through partnerships with global companies. In the first…
SK Group Presents Long-Term Hydrogen Roadmap
The South Korean SK Group, which recently acquired almost ten per cent of the shares in the US fuel cell specialist Plug Power, presented a long-term, multi-billion-dollar plan to enter the hydrogen economy even more comprehensively. In early January, Plug…
