Seoul, April 25 (TIWN) SK Innovation, South Korea's refinery-to-battery maker, is back in the driver's seat to propel its electric vehicle battery business with stake sales and a planned listing of its subsidiary as its recent settlement with LG Energy Solution Ltd. cleared prolonged business uncertainties.

The subsidiary of the nation's No. 3 conglomerate, SK Group, reached a $1.8 billion settlement with its bigger home rival LG Energy Solution Ltd to end a two-year legal battle for the EV battery business in the United States.