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SK Innovation to form car-battery JV in China

1:53 PM MDT | April 26, 2013

SK Innovation (Seoul) plans to enter the Chinese electric vehicle (EV) battery market via a joint venture at Beijing with two state-owned Chinese partners, Beijing Automotive Industry Holding and Beijing Electronics Holding, by the end of June. SK Innovation will be the exclusive provider of EV battery packs from the company’s Seosan plant, in South Korea, until the jv constructs its own...

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