SKinnovation executives said that to improve competitiveness of power batteries, there are three issues that require special attention: battery safety performance, battery life and market share. To this end, SKinnovation also made some preparations accordingly. For example, to strengthen quality management, mass production is carried out by means of production methods that reduce the possibility of battery heat and fire; increase research and development efforts, and strive to develop a power battery with a cruising distance of 500 kilometers in 2018, and develop a cruising distance of 700 kilometers in 2020. Power battery; expanded reproduction, expanding production from 1.1Gwh in 2016 to 10Gwh in 2020.
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