Jeon Hyun-wook, head of financial support at SK On, said during the SK Innovation second quarter earnings call on the 31st, "We are preparing to launch the energy storage system (ESS) battery business in earnest this year, targeting the U.S. market as a primary focus. We are in discussions for gigawatt (GW) level supply contracts with multiple customers, and results will be coming out within the year."

A view of the SK On factory in Georgia, USA./Courtesy of SK On

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