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SK On slows investment and delays Seosan factory expansion with EV market uncertainty

, Taipei

Jan 5, 2026, 10:30 0

Credit: SK On

SK On, a battery unit of SK Innovation, has scaled back its investment plans and postponed the expansion of its new factory in Seosan, Chungcheongnam-do, South Korea, due to a slowdown in the electric vehicle (EV) market and uncertain battery demand....

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