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Energy Storage

SK Innovation to build big battery plant in Georgia

by Melody M. Bomgardner
December 16, 2018 | A version of this story appeared in Volume 96, Issue 49
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South Korea’s SK Innovation says it will spend $1.7 billion to build an electric-vehicle battery plant in Jackson County, Georgia. SK already supplies batteries to Mercedes-Benz and Hyundai Motor, both of which have auto plants in Alabama. It also supplies Kia Motors, which has a plant in Georgia. Last year, Hyundai said it planned to invest $3.1 billion in its US operations. SK will begin construction early next year on the first phase of the battery plant, which will cost $1 billion and employ 1,000 workers.

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