News
28 March 2025

Kexim offers $1.5bn support for SK On, Hyundai US JV

In:
Metals and Mining, Transport
Region:
Americas

The Export-Import Bank of Korea will provide $1.5 billion in financial assistance to a US-based battery manufacturing joint venture between SK On and Hyundai.The ECA pledged a $800 million loan and a $700 million guarantee for the company which is building a plant in Bartow County,...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
10 February 2026

Calmer waters for European offshore?

The political support is definitely there, but offshore wind in the North Sea is producing mixed results. What do the results of the UK auction - and delays to the German...

Analysis
17 February 2026

Battery bonds: Financing Brazil’s manufacturing transition

Existing financing tools are not powerful enough to support the development of projects integrated into electrification’s complex supply chains. Brazil is encouraging the...