# SK on

**Source:** https://www.startuphub.ai/startups/sk-on
**Profile type:** Startup

> Automotive Battery Manufacturing company.

## About

SK On is a global leader in electric vehicle (EV) battery manufacturing, providing high-efficiency, high-capacity lithium-ion batteries designed for safety, faster charging, and longer range. The company is a subsidiary of SK Innovation and aims to accelerate the green energy transition through technological innovation and a global production base.

## Key facts

- **Slug:** sk-on
- **Website:** https://www.skon.com/
- **Location:** Seoul, South Korea
- **Founded:** 2017
- **Operating status:** Active
- **Total funding:** $3.2B

## Frequently asked

### What does SK on do?

SK On is a global leader in electric vehicle (EV) battery manufacturing, providing high-efficiency, high-capacity lithium-ion batteries designed for safety, faster charging, and longer range. The company is a subsidiary of SK Innovation and aims to accelerate the green energy transition through technological innovation and a global production base.

### What is SK on's valuation?

StartupHub estimates SK on's effective valuation at $11.9B (range $8.0B to $19.2B, 15% confidence), based on comparable companies in the sector.

### How much funding has SK on raised?

SK on has raised a total of $3.2B in funding. The most recent round on record is Capital Increase.

### Where is SK on headquartered?

SK on is headquartered in Seoul, South Korea.

### When was SK on founded?

SK on was founded in 2017.

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