The two companies have worked together before and now Ferrari could use SK On for both plug-in hybrids and EVs.
Ferrari and battery supplier SK On will partner on advanced battery cell technology, the two companies announced Tuesday.
SK On has been supplying batteries to Ferrari since 2019, initially for the SF90 Stradale plug-in hybrid and its open-top SF90 Spider variant, and then for the 296 GTB and 296 GTS plug-in hybrids. The two companies have now signed a memorandum of understanding to"A memorandum of understanding is not the same as a product plan, but Ferrari will likely have more need for batteries in the future for both more plug-in hybrids and at least some all-electric models.
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