Boosting EV Production and Strengthening US Manufacturing Presence
SK On, a leading South Korean battery manufacturer, announced today a significant agreement to supply batteries for Nissan Motor’s next-generation electric vehicles (EVs) in the United States. The deal underscores SK On’s growing presence in the North American EV battery market and supports Nissan’s commitment to expanding its EV production in the region.
Under the agreement, SK On will provide batteries for EVs manufactured at Nissan’s Mississippi factory. The supply is slated to begin in 2028 and will continue for a period of six years. This long-term partnership highlights the confidence Nissan has in SK On’s technology and manufacturing capabilities.
“We are thrilled to partner with Nissan on this crucial project,” said a spokesperson for SK On. “This agreement validates our commitment to providing high-quality, reliable battery solutions for the rapidly expanding EV market. We believe this collaboration will contribute significantly to the growth of electric mobility in the United States.”
The deal represents a substantial win for SK On, solidifying its position as a key player in the global EV battery supply chain. The Mississippi factory is a vital component of Nissan’s strategy to increase its EV production capacity in North America, and SK On’s batteries will be instrumental in powering these vehicles.
SK On has been aggressively expanding its production capacity globally, with significant investments in both North America and Europe. This latest deal with Nissan further strengthens its foothold in the strategically important US market. The company is focused on developing advanced battery technologies, including next-generation lithium-ion batteries and solid-state batteries, to meet the evolving demands of the EV industry.
Nissan’s commitment to electric vehicles is well-documented, and this partnership with SK On demonstrates the automaker’s dedication to providing consumers with a wider range of electric vehicle options. The agreement is expected to create jobs and stimulate economic growth in the Mississippi region.
Both companies expressed optimism about the long-term benefits of the collaboration, emphasizing the shared commitment to sustainable transportation and technological innovation. Further details regarding the specific battery technology to be supplied will be announced closer to the production start date.
About SK On:
SK On is a leading global battery manufacturer committed to powering the future of mobility. With a focus on innovation and sustainability, SK On develops and produces high-quality battery solutions for electric vehicles and energy storage systems.
