Termination of BlueOval SK JV with Ford, SK Battery America Investment Revised to KRW 4.0234 Trillion
Disclosure of change in investment plan for SK Battery America, subsidiary of SK Innovation (now SK On): Due to termination of joint venture BlueOval SK with Ford, the existing Tennessee plant will be operated independently
Cumulative investment executed until BlueOval SK termination: KRW 4.0234 trillion, a decrease of approximately KRW 1.0941 trillion from the original plan (KRW 5.1175 trillion)
Despite the investment change, SK will continue its US battery business by operating the Tennessee plant alone
KOSPI Filing Information
Filing: [Correction of Description] Major Management Matters Related to Investment Decision (Major Management Matters of Subsidiary)