SK On, a battery maker affiliated with SK Group, has announced a partnership with Ferrari to drive innovation in battery cell technology. The memorandum of understanding was signed on Tuesday at SK’s headquarters building in Seoul, with SK CEO On Lee Seok-hee and Ferrari CEO Benedetto Vinh in attendance.

The collaboration between the two companies aims to explore new avenues and potential solutions to advance battery cell technology. Using their expertise, they plan to expand their technology collaboration and share valuable insights. Ferrari has been using SK On as its exclusive battery supplier since 2019, providing batteries for its plug-in hybrid electric vehicles such as the SF90 Stradale, SF90 Spider, 296 GTB and 296 GTS. The partnership between SK On and Ferrari aims to continue pushing the boundaries of innovation in electric vehicle technology.

Lee expressed his excitement about joining Ferrari’s electrification journey and highlighted the goal of offering customers new experiences and values through the partnership. “We are thrilled to be working with Ferrari on this exciting project,” he said. “Our goal is to continue pushing the boundaries of innovation in electric vehicle technology and offer our customers new experiences and values.”

Ferrari’s CEO expressed high expectations for the collaboration, emphasizing the importance of shared ideas that drive shared progress when companies and suppliers work together. “SK On has been an excellent partner for us since 2019,” he said. “We look forward to continuing our collaboration with them as we push towards a more sustainable future.”

By Samantha Johnson

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