Utility Dive•about 1 month ago
SK Battery America lays off nearly 1,000 workers at Georgia plant
- •SK Battery America is laying off nearly 1,000 workers at its Georgia plant, reducing the workforce to approximately 1,600, due to challenging EV market conditions.
- •The company is strategically pivoting its manufacturing focus from EV batteries towards stationary energy storage solutions.
- •This shift indicates a potential increase in supply and competition within the stationary storage market, which could benefit developers and large power consumers seeking grid-scale or industrial storage solutions.
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