June 16, 2024

Ferrari Partners with SK On to Advance Electric Vehicle Battery Technology, Paving the Way for a Sustainable Future

2 min read
Ferrari and SK On Collaborate to Revolutionize Battery Technology

In a major step towards launching its first fully electric vehicle, Ferrari S.p.A. has partnered with SK On Co., the fifth-largest electric vehicle battery producer in the world, to collaborate on cell technology. The partnership aims to enhance battery cell technology innovation as Ferrari gears up to launch its first fully electric vehicle next year.

Recent reports indicate that Ferrari plans to introduce its first electric vehicle in the final quarter of 2025. To support this launch, a new plant in Maranello, Italy will open in June to produce electric motors, battery packs, and power inverters. Ferrari aims to transition about 60% of its lineup to be split between fully electric and hybrid cars by 2026. This strategic partnership with SK On is a significant step towards achieving this goal.

SK On is currently the exclusive battery supplier for Ferrari’s plug-in hybrid electric vehicles (PHEVs). Since 2019, the South Korean company has been providing cells for Ferrari models such as the SF90 Stradale, SF90 Spider, 296 GTB, and 296 GTS. Even limited-edition models like the SF90 XX Stradale and SF90 XX Spider from last year are equipped with batteries supplied by SK On. This partnership solidifies SK On’s position as Ferrari’s main battery supplier for electric vehicles.

The collaboration between Ferrari and SK On will focus on developing new technologies that improve battery performance and range while reducing weight and cost. The two companies will also work together on improving charging infrastructure and developing fast charging solutions for EVs.

Ferrari’s move towards electrification is part of a broader trend among automakers as they seek to reduce their carbon footprint and meet stricter emissions standards. With the growing demand for sustainable transportation options, it’s no surprise that luxury brands like Ferrari are looking to join the movement.

This strategic partnership between Ferrari and SK On is expected to have a significant impact on the global battery cell industry as it brings together two leading players in their respective fields.

In conclusion, this collaboration between two leading companies in their respective fields is an exciting development for both companies as they work together towards bringing more sustainable transportation options into our world.

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