SK ON invests 470 billion won in domestic R&D such as next-generation batteries
This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
김지선
stockmk2020@alphabiz.co.kr | 2023-04-24 19:11:49
[Alpha Biz=(Chicago) Reporter Kim Jisun] SK On announced on the 24th that it will invest a total of 470 billion won in the Daejeon Battery Research Institute by 2025 to expand its research facilities and establish a next-generation battery pilot plant and G-VC (Global Validation Center).
SK On and Daejeon City signed a business support agreement at Daejeon City Hall earlier in the day with Daejeon Mayor Lee Jang-woo and SK On President Ji Dong-sup attending. SK On and Daejeon City have decided to promote close cooperation to create jobs and revitalize the local economy, including preferential recruitment of local residents. SK ON expects more than 400 new jobs to be created by expanding research facilities.
Some of the investment plans have already been put into practice. SK ON has been expanding research facilities such as the second Chungbangjeon-dong, the second research building, and Hwaseong-dong in the research site since July last year. It is expected to be completed in the second half of this year. By next year, the company plans to expand research facilities such as new product development lines and rechargeable electric devices such as square and LFP.
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