Ferrari and SK On Team Up to Revolutionize Battery Cell Technology for Electric Vehicles: A Strategic Partnership Towards Sustainability

Ferrari and SK On Collaborate to Revolutionize Battery Technology

Ferrari S.p.A., the renowned Italian luxury sports car manufacturer, is teaming up 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 prepares to launch its first fully electric vehicle next year.

Ferrari’s commitment to this strategic alliance was underscored by the signing of a memorandum of understanding between the two companies on Tuesday, signaling their joint commitment to sharing expertise and increasing cooperation in leading global battery cell technology innovation.

SK On is currently Ferrari’s exclusive battery supplier for its 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.

Ferrari aims to transition about 60% of its lineup into fully electric and hybrid cars by 2026. To support this goal, a new plant in Maranello, Italy will open in June to produce electric motors, battery packs, and power inverters. This strategic partnership with SK On is a significant step towards achieving this goal.

Leave a Reply