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Ferrari and SK On Renew Partnership to Spearhead Cell Technology Innovation

Seoul, South Korea, March 27, 2024 – In a landmark meeting held at the SK Seorin Building in Seoul on March 26, Ferrari’s CEO, Benedetto Vigna, and its Chief R&D Officer, Ernesto Lasalandra, joined hands with SK On’s CEO, Lee Seok-hee, to sign a Memorandum of Understanding (MoU). This agreement renews the ongoing partnership between the two giants, reinforcing their shared commitment to lead innovation in cell technology for electric vehicles.

Since 2019, SK On, a global frontrunner in electric vehicle battery manufacturing, has been a key supplier of battery cells for Ferrari’s high-performance models. This collaboration began with the introduction of Ferrari’s first-ever supercar and plug-in hybrid electric vehicle (PHEV), the SF90 Stradale, along with its convertible counterpart, the SF90 Spider. The partnership progressed with the launch of the 296 GTB in 2021 and the 296 GTS in 2022.

The year 2023 marked the debut of the SF90 XX Stradale and SF90 XX Spider, special limited-edition versions of the SF90 Stradale. These models epitomize the zenith of Ferrari’s offerings, boasting a staggering combined output of 1030 cv from their V8 internal combustion engines and electric motors.

Benedetto Vigna highlighted the importance of collaboration in driving progress, stating, “When companies and suppliers come together, collaboration powers common progress. We are working together with SK On to explore new frontiers and fuel the energy of shared ideas.”

Echoing this sentiment, Lee Seok-hee expressed his enthusiasm for the continued partnership, remarking, “We are excited to contribute to the continuing exploration of innovation with Ferrari, which leads the global sports car market. By combining expertise and technologies from the two companies, we expect to provide clients with new experiences and values.”

This renewed MoU between Ferrari and SK On not only strengthens their collaboration but also sets the stage for further advancements in cell technology, promising new possibilities and innovative solutions in the electric vehicle industry.

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