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SK Innovation’s EV Battery Production to Grow Ten-fold by 2022

South Korea-based SK Innovation expects a great outlook for electric vehicles and plans to massively increase production of EV batteries by a factor of 10 before 2022, to 55 GWh. According to Reuters, SK Group’s cash cow (SK Hynix) recently has experienced a falling demand of memory chip, so the Group Chairman Chey Tae-won shifted […]

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