Ferrari and SK On Collaborate to Revolutionize Battery Technology

Ferrari and SK On Join Forces to Revolutionize Electric Vehicle Battery Technology

Ferrari S.p.A. has announced a strategic partnership with SK On Co., the fifth-largest electric vehicle battery producer in the world, to collaborate on cell technology. This partnership aims to enhance battery cell technology innovation as Ferrari gears up to launch its first fully electric vehicle next year. A memorandum of understanding was signed by the two companies on Tuesday to signify their commitment to sharing expertise and increasing cooperation in leading global battery cell technology innovation.

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 new partnership solidifies SK On’s position as Ferrari’s main battery supplier for electric vehicles.

In addition to supplying batteries for Ferrari’s PHEVs, this collaboration will help drive innovation in battery cell technology and enable Ferrari to transition about 60% of its lineup to be split between fully electric and hybrid cars by 2026. To support this transition, a new plant in Maranello, Italy will open in June to produce electric motors, battery packs, and power inverters. The strategic partnership with SK On is a significant step towards achieving this goal.

SK On is well positioned to contribute significantly to this effort given its expertise in developing high-performance batteries that deliver exceptional range and power density. As a result of this collaboration, we can expect more advanced batteries that will enable faster charging times and longer driving ranges for future Ferrari electric vehicles.

Overall, this strategic partnership between Ferrari and SK On represents a major milestone in the development of sustainable transportation technologies

Leave a Reply

49ers owner sees potential in signing Brock Purdy to mega-deal: ‘A promising situation’ Previous post The Future of the 49ers: Balancing Performance and Money in Contract Talks with Brock Purdy
Brazil expresses concerns over Venezuela’s electoral process Next post Brazil Expresses Concern Over Venezuela’s Election Fairness and Calls for Cooperative Efforts to Support Democracy