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Hyundai Finalizes $5 Billion in U.S. Battery Production Deal

Hyundai Motor Group announced plans to construct an EV battery cell production factory in Bartow County, Georgia. The new facility will be a joint venture with South Korean battery manufacturer SK On intended to support HMG’s future EV production plans. Read more at TheDetroitBureau.com. ....

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SK Innovation vows to offset 100 years of carbon emissions by 2062

SK Innovation seeks to remove greenhouse gases equivalent to the amount it has produced since its establishment in 1962, by the time the oil refiner marks its 100th anniversary in 2062, the company said at Thursday s event to celebrate its 60th anniversary. ....

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SK Innovation to invest $3.5 billion in Ulsan complex by 2027 for net-zero emission

ULSAN ― Twisted oil pipelines longer than the distance between the Earth and the Moon are coiled up inside Korea s oldest refinery that sits on an 8-million-square-meter industrial complex in this southeastern port city. Rusty steel frames and worn-out factory buildings attest to the age of the industrial complex dating back six decades. ....

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