The three million-square-foot site is set to be operational in the first half of 2026 with an estimated capacity of up to 45,000 tonnes of cathode active materials (CAM) per year supporting the production of up to 225,000 electric vehicles annually.

Government and industry in South Korea are working together to invest in hydrogen as an energy for transport.

SK E&S plans to produce up to 30,000 tons of liquid hydrogen per year at a new facility in Incheon.