June 13, 2024

Ferrari and SK On Partner to Revolutionize Battery Cell Technology for Electric Vehicles

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Ferrari Teams Up with SK On to Advance Cell Technology

On Wednesday, electric vehicle battery maker SK On, affiliated with SK Group, announced a partnership with Italian sports car manufacturer Ferrari to enhance innovation in battery cell technology. The agreement was signed during a memorandum of understanding ceremony at SK’s headquarters building in Seoul, with SK On CEO Lee Seok-hee and Ferrari CEO Benedetto Vigna in attendance.

The collaboration between the two companies aims to explore new avenues and potential solutions for advancing battery cell technology. Both companies plan to leverage their respective expertise, expanding their technological collaboration and sharing valuable insights. During the event, Lee expressed excitement about joining Ferrari’s electrification journey and emphasized the potential for offering customers new experiences and values through their combined expertise and technologies.

Ferrari’s CEO also shared high expectations for the partnership, noting that collaboration between companies and suppliers can drive shared progress through shared ideas. The collaboration with SK On is seen as an opportunity to explore new frontiers and ignite the energy of shared ideas.

As an exclusive battery supplier to Ferrari since 2019, SK On has been providing battery cells for Ferrari’s plug-in hybrid electric vehicles (PHEVs) like the SF90 Stradale and SF90 Spider. The company’s batteries have also powered Ferrari’s latest PHEV models, the 296 GTB and 296 GTS, which were launched in 2021 and 2022 respectively. This partnership represents a significant step forward in advancing battery cell technology for electric vehicles.

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