Industry sources said SK On is completing administrative procedures with the aim of opening a Tokyo office by the end of this month. The Japan office would serve as a base to expand cooperation with local automakers, including Nissan, while also exploring opportunities in energy storage systems, or ESS.
The company plans to broaden its portfolio beyond EV batteries into ESS and speed up new project orders. It is also known to be discussing EV battery and ESS cooperation plans with multiple Japanese companies.
The move comes as the EV market slowdown drags on, with SK On seeking a two-track approach: entering Japan’s conservative auto market while expanding its ESS business.
“Using our Japan office as a hub, we will strengthen a faster, closer response system to customer needs and continue profitability-focused growth, including securing new orders,” an SK On official said.
* This article has been translated by AI.
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