SK to cut nearly 1,000 jobs at Georgia plant as EV demand softens

SK has invested heavily in Jackson County in recent years as automakers expanded plans to develop and produce electric vehicles and the federal government under former President Joe Biden backed efforts to build a domestic EV supply chain. In June 2020, the company also announced plans to invest $940 million to expand battery manufacturing in the Atlanta area.

SK to cut nearly 1,000 jobs at Georgia plant as EV demand softens
SK has invested heavily in Jackson County in recent years as automakers expanded plans to develop and produce electric vehicles and the federal government under former President Joe Biden backed efforts to build a domestic EV supply chain. In June 2020, the company also announced plans to invest $940 million to expand battery manufacturing in the Atlanta area.