Previous close | 111,400.00 |
Open | 111,400.00 |
Bid | 110,600.00 x 0 |
Ask | 110,600.00 x 0 |
Day's range | 109,700.00 - 111,400.00 |
52-week range | 91,700.00 - 167,900.00 |
Volume | |
Avg. volume | 743,779 |
Market cap | 10.639T |
Beta (5Y monthly) | 1.63 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 01 Nov 2024 - 05 Nov 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 29 Dec 2021 |
1y target est | 147,050.00 |
South Korean EV battery maker SK On is in talks with automakers to supply prismatic batteries, expanding from its existing pouch-type batteries, a senior executive said, as it scrambles to turn around amid slowing global electric vehicle (EV) demand. SK On, a unit of energy group SK Innovation, which supplies EV batteries to Ford Motor, Hyundai Motor, Volkswagen among others, is speaking to multiple automakers that are looking to line up prismatic battery supply deals, SK On chief spokesperson Ko Chang-Kook said.
Exxon in November announced plans to produce lithium from pumped out brine in Arkansas, from regions considered to hold significant deposits of the metal. SK On, a unit of SK Innovation, intends to use the lithium for making EV batteries in the U.S.
South Korea's SK Group plans to hold a two-day strategy meeting starting Friday to discuss streamlining its business to focus on key areas including artificial intelligence, chips and batteries. The group, best known for its chip firm SK Hynix, has become bloated over the past decade and its electric vehicle battery unit has lost billions of dollars. South Korea's second-largest conglomerate encompassed 219 companies as of May, the most among the country's 88 business groups, according to the Korea Fair Trade Commission.