Business
Fire breaks out at SK On's EV battery plant during pilot run in China

Seoul, Nov 20
A fire broke out at SK On’s electric vehicle (EV) battery factory during a test run in China, but no fatalities were reported, the company said on Monday.
The blaze occurred at 2:50 p.m. (Chinese time) at the facility in Yancheng, eastern China, the company said in a statement.
"No casualties have been reported, and we are investigating the cause of the fire and property damage," the company said, reports Yonhap news agency.
SK On is the battery-making arm of South Korea's leading energy firm, SK Innovation Co.
The battery firm plans to start production at the new plant in the second quarter of 2024.
SK On is anticipated to confirm its production date after completing the investigation of the incident.
In 2021, the company unveiled a plan to invest 3 trillion won (US$2.32 billion) in a second production line in Yancheng. The new plant boasts an annual production capacity of 33 gigawatt hours (GWh), making it the largest among all its production lines in China.
SK On operates three separate EV battery plants in China, -- Changzhou in Jiangsu Province, Huizhou in central Guangdong Province, and Yancheng, -- with a combined annual capacity of 27 GWh.

10 hours ago
On UK trip, US President Trump highlights his ‘very good relationship’ with PM Modi

10 hours ago
Indian envoy to US meets senior Pentagon official, holds 'valuable discussion'

11 hours ago
Newark Airport ranks last once again; even the new Terminal A couldn’t save it.

13 hours ago
Trade deal with US to bolster India’s regional role: Report

15 hours ago
Trump administration unveils 'patriotic education' initiative as new priority for federal education grants

17 hours ago
Tucson City Council in Arizona to open with ancient Hindu prayers

17 hours ago
Did Deepika Padukone exit 'Kalki 2898 AD' due to commitment issues?

17 hours ago
Tannishtha Chatterjee wishes ‘incredible woman’ Shabana Azmi on 75th b’day

17 hours ago
Ananya Panday flaunts bronzed glow post her Maldivian holiday

17 hours ago
Divya Dutta to Shabana Azmi: You are supremely precious in my life

18 hours ago
Kerala a bridge between India and Europe: CM Vijayan on blue economy conclave

18 hours ago
Bengal student murder: Protest erupts at Birbhum school, headmaster thrashed

18 hours ago
India-US tariff stalemate likely to be resolved in 8-10 weeks: Chief Economic Advisor