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SK's Battery Materials Unit Sees a Shortage for EV Component


SK’s Battery Materials Unit Sees a Shortage for EV Component
Bloomberg
2 hrs ago
Heesu Lee
© Bloomberg
An electric car charging symbol at a Belib electric vehicle charge station, operated by Electricite de France (EDF), in Paris, France, on Tuesday, Jan. 12, 2021. Renault SA s global sales dropped to 2.95 million vehicles in 2020 after the pandemic pummeled demand and it focused on improving profitability over volumes.
(Bloomberg) The battery materials unit of SK Innovation Co. said the global market for premium wet-type separators, a key component for electric vehicles, will run into a supply shortage in 2023 due to “explosive” growth.
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Ford EV F-150 Battery Supplier Loses Fight Over U.S. Imports


Publishing date: Feb 10, 2021  •  February 10, 2021  •  4 minute read  • 
Article content
(Bloomberg) SK Innovation Co.’s South Korean-made batteries will be banned from the U.S. for 10 years, dealing a potential blow to efforts by Ford Motor Co. and Volkswagen AG to ramp up production of electric vehicles.
SK Innovation will be able to import components for four years beginning now for domestic battery production for Ford’s EV F-150 launching next year, and for Volkswagen’s American MEB line for two years, to give the automakers time to transition to new domestic suppliers, the International Trade Commission ordered.
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Singapore paint billionaire gets windfall as dream deal comes true


The Straits Times
Singapore billionaire gets windfall as dream deal with Nippon Paint comes true
Singapore paint tycoon Goh Cheng Liang s partnership with Nippon Paint began in the 1950s.PHOTOS: LIANHE ZAOBAO, NIPPON PAINT
PublishedFeb 5, 2021, 7:48 am SGT
https://str.sg/Jrf6
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