Choi Jae-won, Senior Vice Chairman of SK Group, said, "Since we started the battery business late, there is a lot to do," adding, "We will catch up."


On the 4th (local time), Choi made these remarks during a meeting with Korean reporters at the IAA 2023 preview event held at Messe Munich, Germany. Choi is the CEO of SK On, a battery cell manufacturer, and is involved in the group's overall mobility business. He is known to have had a strong interest in the automotive business from the past.


Choi Jae-won, Senior Vice Chairman of SK Group (center in the photo), visited and toured the IAA 2023 exhibition hall on the 4th (local time). <Photo by Korea Automobile Journalists Association>

Choi Jae-won, Senior Vice Chairman of SK Group (center in the photo), visited and toured the IAA 2023 exhibition hall on the 4th (local time).

View original image

He said, "It seems that related industries are developing in line with electric vehicles, with functions that were either needed or did not exist becoming more efficient," adding, "Technologically, there will be progress and the cars will improve."


Regarding the Chinese battery industry, he commented, "It has developed tremendously," and "It seems they are engaging in many more activities than before." He toured the exhibition halls of major automakers and battery companies, including Mercedes-Benz, which is also a client. Last month, when Ola K?llenius, Chairman of the Board of Mercedes-Benz, visited Korea, Choi personally welcomed him. He also visited booths of domestic companies such as Samsung Electronics and Hyundai Mobis.


When asked about the possibility of cooperation with Volkswagen, which has decided to apply prismatic batteries, he said, "I cannot talk about it yet," but added, "We have already developed all the prismatic batteries."



Choi Jae-won, Senior Vice Chairman of SK Group, is examining a futuristic concept car at the Samsung Electronics exhibition hall at IAA 2023. <Photo by Korea Automobile Journalists Association>

Choi Jae-won, Senior Vice Chairman of SK Group, is examining a futuristic concept car at the Samsung Electronics exhibition hall at IAA 2023.

View original image
Choi Jae-won, Senior Vice Chairman of SK Group, is visiting the IAA 2023 event venue and touring the exhibition hall. <Photo by Korea Automobile Journalists Association>

Choi Jae-won, Senior Vice Chairman of SK Group, is visiting the IAA 2023 event venue and touring the exhibition hall.

View original image


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing