SK On, a prominent player in EV battery technology, has secured a contract to supply advanced battery cells to Polestar, the Swedish purveyor of electric performance automobiles. This agreement ensures that from 2025, the anticipated luxury coupe, the Polestar 5, will feature SK On’s latest battery cell technology.
As the EV landscape shifts swiftly towards more sustainable and high-performance options, the integration of SK On’s pioneering high-nickel battery cells with Polestar’s vision for its grand tourer sets a new standard for luxury EVs.
Thomas Ingenlath, CEO of Polestar, stated, “Our relationship with SK On has been fruitful following our initial MOU and their investment in our brand. Polestar 5 is developing at pace and will feature this high-capacity battery to provide the performance expected of our grand tourer.”
This strategic partnership will see the integration of SK On’s batteries, renowned for their exceptional energy density and outstanding safety, validated by their successful performance in demanding Thermal Propagation (TP) tests — a critical safety benchmark in the EV sector.
Jee Dong-seob, CEO of SK On, remarked on the collaboration that, empowering the dynamic Polestar 5 with these advanced batteries is a proud moment, demonstrating their leadership in the global battery market and commitment to excellence.
The roots of this collaboration trace back to 2021, with SK Group’s investment in Polestar through a New Mobility Fund, followed by an MOU that forged a path for joint endeavors in EV development, merging SK On’s expertise in battery innovation with Polestar’s prowess in electric vehicles.
With the Polestar 5 designed to deliver an impressive 650 kW (884 hp) and 900 Nm of torque and constructed on an exclusive bonded aluminum platform, this venture is set to revolutionize the high-end EV segment.
The contract between SK On and Polestar represents a critical step forward for sustainable, high-performance transportation solutions, signaling a new epoch for the automotive industry’s transition to electrification and redefining the concept of luxury mobility.
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