Market Chatter: SK On to Supply KRW2.5 Trillion Worth of EV Batteries to Nissan

MT Newswires Live

01/27

SK Inc.'s (KRX:034730) battery-making unit SK On will supply 20 gigawatt hours of nickel-cobalt-manganese (NCM) electric vehicle batteries, valued at 2.5 trillion won, to Nissan's US plant from 2028, Pulse News reported Friday, citing a Nikkei report.

The batteries will primarily be used in sport utility vehicles aimed for sale in the North American market. While an initial supply target was set for 2026, slowing EV demand has pushed the timeline back, with pricing potentially adjusted downward, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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While an initial supply target was set for 2026, slowing EV demand has pushed the timeline back, with pricing potentially adjusted downward, the report said.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NCM.AU","symbol_name":"NEWCREST MINING LIMITED","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2506114322","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506114322","pubTimestamp":1737973160,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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While an initial supply target was set for 2026, slowing EV demand has pushed the timeline back, with pricing potentially adjusted downward, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}