3rd Battery Industry Day Held... Export-Import Bank and KITA Sign Financial Support Agreement

Jidongseop SK On CEO Awarded the Silver Tower Order of Industrial Service Merit

On June 27, a car lithium-ion battery was exhibited at the '2023 World Battery & Charging Infrastructure Expo - 2023 World Solar Energy Expo' held at KINTEX in Goyang, Gyeonggi Province. Photo by Jinhyung Kang aymsdream@

On the 1st, the Ministry of Trade, Industry and Energy held the '3rd Battery Industry Day' ceremony at Lotte Hotel World in Jamsil, Seoul, attended by about 250 people including battery industry contributors, industry representatives and executives, and academic and research officials.

'Battery Industry Day' is an event commemorating the achievements of the domestic battery industry over the past year, held since 2021 to mark the 10th anniversary of the founding of the Korea Battery Industry Association. At this third ceremony, a total of 20 contributors were recognized for their contributions to industrial development and received government awards such as the Silver Tower Order of Industrial Service Merit and the Industrial Medal.

The prestigious Silver Tower Order of Industrial Service Merit was awarded to Ji Dong-seop, CEO of SK On, who raised the status of the domestic battery industry by winning the Best Innovation Award for ultra-fast charging technology at CES, the world's largest consumer electronics and information technology (IT) exhibition, along with active domestic and overseas investments. SK On also significantly contributed to establishing a robust domestic ecosystem by sourcing more than 90% of the equipment needed for battery production from domestic companies.

At this event, the Battery Industry Association, the Export-Import Bank of Korea, and the Korea Trade Insurance Corporation are scheduled to sign a business agreement. The Export-Import Bank and the Trade Insurance Corporation plan to support loans and financing to ensure smooth progress of projects such as facility investments and raw material procurement in the domestic battery industry.

From the Ministry of Trade, Industry and Energy, Ahn Deok-geun, the head of the Trade Negotiation Headquarters, attended. Director Ahn encouraged the battery industry, which continues to achieve results despite difficult circumstances such as global supply chain uncertainties, and stated, "The government will actively support the industry's growth and market development as one team with the industry so that Korea can maintain its unwavering status as a strong battery industry powerhouse."

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