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SK On

Clean
πŸ‡°πŸ‡· South KoreaSeoul, South KoreaBattery Cells & StorageSubsidiary of SK Innovation (KRX: 096770)

Last verified: 2026-04-22

Risk Summary
Country RiskLowHQ in South Korea (allied nation)
Entity List ExposureLowNot on any lists
Ownership RiskLowSubsidiary of SK Innovation (KRX: 096770)
Domestic AlternativeLow19 allied/US options available

Entity List Screening

ListAgencyStatusYear
BIS Entity ListBureau of Industry and SecurityNot Listed2026
OFAC SDN ListOffice of Foreign Assets ControlNot Listed2026
DOD Section 1260HDepartment of DefenseNot Listed2026
UFLPA Entity ListCustoms and Border ProtectionNot Listed2026
SEC DisclosuresSecurities and Exchange CommissionNot Listed2026
IRS FEOC GuidanceInternal Revenue ServiceNot Listed2026

Ownership Structure

SK Group (South Korean conglomerate, Chey family)
πŸ‡°πŸ‡· South KoreaIndividual / Shareholder
SK On
πŸ‡°πŸ‡· South KoreaManufacturer

Source: SEC filings, stock exchange disclosures, corporate registry data. Ownership percentages reflect most recent available disclosure.

Compliance Assessment

South Korean-headquartered allied nation company. Major US manufacturing investment. No FEOC ownership links.

Key Factors

  • Headquartered in South Korea, an allied nation
  • Ownership: Subsidiary of SK Innovation (KRX: 096770)
  • Has confirmed US domestic manufacturing operations
  • Not listed on any federal entity lists
  • Major South Korean battery manufacturer with massive US expansion through Ford JV. Clean FEOC status.

Products & Equipment

NMC battery cellsPouch-type EV batteriesEnergy storage battery systems

Domestic manufacturing confirmed

Operating: Commerce, GA (BlueOval SK JV with Ford). Under construction: Stanton, TN (additional JV plant); Glendale, KY.

Other Manufacturers in Battery Cells & Storage

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Data Sources

  • SEC filings
  • DOE Loan Programs Office
  • BIS Consolidated Screening List

This information is for reference only and does not constitute legal advice. Compliance determinations should be verified with qualified legal counsel. Entity list data is sourced from publicly available federal databases and may not reflect the most recent updates.