September 04, 2024 Press Release

SK On Joins Alliance for Automotive Innovation

Leading advanced battery manufacturer joins expanding roster of automakers, suppliers, AV producers and semiconductor makers

WASHINGTON, DC – Alliance for Automotive Innovation today announced the addition of global battery manufacturer SK On to the organization’s expanding roster of auto manufacturers, suppliers, advanced battery manufacturers, autonomous vehicle producers and semiconductor makers.

SK On is a leading global EV battery manufacturer and part of SK Group, South Korea’s second-largest conglomerate. SK On has two EV battery plants in Commerce, Georgia, with additional plants under construction in Georgia, Tennessee and Kentucky through joint ventures with U.S. and Korean automakers.

John Bozzella, president and CEO of Alliance for Automotive Innovation, said: “Alliance for Automotive Innovation welcomes SK On to our association. This is a company that is not just powering the transformation to automotive electrification in the United States through breakthrough battery technology but investing billions in the American industrial base and creating thousands of new jobs.”

David Hahm, head of North America public affairs for SK On, said: “Successfully navigating the significant changes underway in the auto industry requires bold leadership and collaboration across the industry. SK On will partner with the Alliance for Automotive Innovation and its members to drive advancements in technology and innovation, reinforcing U.S. global competitiveness and leadership in the evolving automotive sector.”

Automakers and battery partners have committed $125 billion (so far) to expand the production of EVs and batteries inside the U.S.

About Alliance for Automotive Innovation

From the manufacturers producing most vehicles sold in the U.S. to autonomous vehicle innovators to equipment suppliers, battery producers and semiconductor makers – Alliance for Automotive Innovation represents the full auto industry, a sector supporting 10 million American jobs and five percent of the economy. Active in Washington, D.C. and all 50 states, the association is committed to a cleaner, safer and smarter personal transportation future. www.autosinnovate.org

About SK On

SK On is a leading supplier of batteries for electric vehicles with R&D centers and manufacturing plants around the world. SK On is an affiliate company of SK Group, South Korea’s second-largest conglomerate with global companies delivering innovations in semiconductors, Artificial Intelligence, energy and life sciences.

In the U.S., SK On has operated an EV battery manufacturing site in Commerce, Ga., since 2020. SK On has additional manufacturing sites under construction in Georgia, Kentucky and Tennessee through joint ventures with its automaker partners. Across all of its companies, SK Group has invested nearly $30 billion in the U.S. since 2019 with a footprint that now stretches across more than 15 states. For more information about SK and its companies, visit www.sk.com.