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SK On to supply EV batteries to Polestar from 2025

South Korean battery maker SK On said Monday it has clinched a deal with Swedish carmaker Polestar to supply its premium electric vehicle batteries. Under the agreement, the battery manufacturer will supply nickel, manganese and cobalt (NCM) batteries for the Polestar 5, the full-electric version of the carmaker's four-door coupe, from 2025. The size of the deal was not disclosed. The company said the partnershi...
South Korea South Korean Jee Dong Seob Sk Group Mobility Fund Volkswagen Group

Hong Kong stocks recover after China reports better than expected growth in the third quarter

Hong Kong stocks wavered between gains and losses as China’s gross domestic product data (GDP) showed recovery in the world’s second largest economy was on track, but gains were capped as the intensifying Israeli-Hamas war stoked oil prices and posed a risk to global economic growth.
Hong Kong Gaza Strip Joe Biden Zhiwei Zhang Hang Seng Index Tech Index
Source: scmp.com

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