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US EV demand cooling strains SKIET battery separator supply chain

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A sharp cooling in the US electric-vehicle market is rippling through South Korea’s battery supply chain, highlighting demand volatility for SK IE Technology (SKIET), a major lithium-ion battery separator maker under SK Innovation. SKIET is looking at adding a lithium-ion battery separator factory in North America. MSCI also added SKIET to its Korean Index as part of efforts to attract passive funds.

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