Jidongseop SK Inno CEO "Considering Battery Division Spin-off but No Schedule Set"

'InterBattery 2020' Opens Today... SK Innovation Emphasizes Safety
CEO Jidongseop Creates Unscheduled Visit to Booth

[Asia Economy Reporter Hwang Yoon-joo] Ji Dong-seop, CEO of SK Innovation's Battery Business Division, stated on the 21st that although the spin-off of SK Innovation's battery business division is in his mind, no specific schedule has been set.

On the 21st, Ji attended 'InterBattery 2020' held at COEX in Samseong-dong, Seoul, and said, "The schedule for the spin-off of the battery business division has not yet been decided."

He added, "There are advantages both when the battery division is spun off and when it is not," and said, "The possibility of a spin-off is likely being reviewed by other departments such as finance."

Ji did not schedule a booth visit at the exhibition on that day due to his attendance at SK Group's 'CEO Seminar' starting on the 22nd, but it is known that he made time to visit intentionally.

Regarding the recent fire incident involving Hyundai Motor's electric vehicle 'Kona,' he said, "As a battery manufacturer, we have a very strong sense of vigilance," and added, "If there is a product issue, it is important to quickly identify the cause and prevent recurrence." The Hyundai 'Kona' involved in the fire incident is supplied with batteries from LG Chem.

He continued, "Automobile companies also consider this an important issue and will seek solutions, and SK Innovation will do its best for the safety of the end consumers," emphasizing, "There has not yet been any fire incident involving the electric vehicle batteries we supply."

Ji said, "The development direction of SK Innovation's electric vehicle batteries focuses on three main points: safety, fast charging, and long lifespan," and added, "Battery prices need to be low, and product performance prioritizes safety above all."

This content was produced with the assistance of AI translation services.