Ferrari to expand cooperation with battery supplier SK On
Add BT as a preferred source
LUXURY sports car manufacturer Ferrari has entered a preliminary agreement with its electric-vehicle (EV) battery supplier SK On on further expansion of their cooperation.
South Korea’s SK On has been supplying battery cells for Ferrari models since 2019, including for the SF90 Stradale, the carmaker’s first hybrid vehicle, the more recent 296 GTB and 296 GTS, as well as for special series cars.
“We are working together with SK On to explore new frontiers,” Ferrari chief executive Benedetto Vigna said in a statement.
Known globally for its high-performance luxury sports cars, the Italian company has promised its first fully electric model for late next year.
Under the memorandum of understanding announced on Wednesday (Mar 27), the two companies plan to share expertise in respective areas to expand their technological collaboration and exchange valuable insights, SK On said in a separate statement.
“The latest partnership is expected to help SK On and Ferrari explore new possibilities and potential solutions to advance cell technology,” it added.
SEE ALSO
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
No further details of the deal were provided. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Not retirement, but a rewiring and fresh perspectives post-DBS, says Piyush Gupta
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Should developers build more one-bedroom condo units?
