Ferrari and SK team up with a focus on advanced battery technology innovation.

Quick Summary:

The agreement came as media reported that Ferrari is introducing its first EV in the final quarter of 2025 and will open a new plant in Maranello, Italy, in June to manufacture electric motors, battery packs and power inverters.“We are happy to be with the global supercar leader Ferrari’s journey of electrification,” said SK On President & CEO Lee Seok-Hee in a statement.

Ferrari S.p.A.joined hands with SK On Co., the world’s fifth-largest electric vehicle battery producer, to innovate cell technology as the Italian luxury sports car maker plans to launch its first fully electric vehicle next year.

FERRARI’S SOLE BATTERY SUPPLIERSK On is the only battery supplier for the carmaker’s plug-in hybrid electric vehicles (PHEVs).

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Article Details

Category: Economy

Markets: South KoreaItaly

Topics: Year Global Ferrari’s Vehicle Battery Electric Sf90 First Ferrari Cell Technology

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-27 @ 11:05:47 (1 months ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 235 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 20532711

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