Era-defining sustainability merges with groundbreaking innovation as Ferrari, synonymous with Italian luxury sports car supremacy, embarks on a transformative journey towards electrification. This automotive titan has entered into a strategic partnership with SK On, a behemoth in the electric vehicle battery realm, to spearhead advancements in battery cell technology. This collaboration heralds a pivotal chapter as Ferrari prepares to debut its premier fully electric vehicle (EV) next year.
A memorandum of understanding, formalized on Tuesday, signals the fusion of unparalleled expertise and resources between the two corporations. Their joint venture aims to not merely propel their individual ambitions but to lead worldwide innovation in the EV sector. SK On, hailed as the globe’s fifth-largest EV battery producer, contributes its avant-garde technology and extensive experience, affirming its central role in Ferrari’s electrification odyssey.
This partnership’s inception aligns with Ferrari’s bold roadmap unveiled the previous August. The luxury automaker announced its strategy to transform approximately 60% of its fleet to encompass fully electric and hybrid models by 2026, underscoring Ferrari’s dedication to sustainability alongside its hallmark of performance and luxury.
The introduction of Ferrari’s first EV in the final quarter of 2025, coupled with the establishment of a new manufacturing hub in Maranello, Italy, marks a cornerstone in Ferrari’s electric future. This facility is poised to become a bedrock for producing electric motors, battery packs, and power inverters – pivotal components of EVs.
SK On’s President & CEO, Lee Seok-Hee, articulated enthusiasm for the alliance, stressing the import of synergizing with Ferrari, a global supercar vanguard. This collaboration extends an ongoing relationship, with SK On as the sole battery provider for Ferrari’s plug-in hybrid electric vehicles (PHEVs), including models like the SF90 Stradale and Spider – Ferrari’s inaugural PHEVs – followed by the 296 GTB and GTS. The high-octane SF90 XX Stradale and Spider, unveiled last year as limited editions, also feature SK On’s cutting-edge battery solutions.
As observers worldwide anticipate, the Ferrari and SK On partnership transcends mere technological advancement. It signifies an industry-wide pivot towards a sustainable future, ensuring that luxury and performance remain paramount. With the global stage set, Ferrari and SK On are primed to redefine electric vehicle potential, propelling innovation and excellence into the future.
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