{"id":16376,"date":"2023-11-06T16:00:41","date_gmt":"2023-11-06T07:00:41","guid":{"rendered":"https:\/\/askinno.com\/global\/?p=16376"},"modified":"2023-11-29T10:15:45","modified_gmt":"2023-11-29T01:15:45","slug":"sk-on-and-polestar-sign-battery-supply-agreement-for-polestar-5","status":"publish","type":"post","link":"https:\/\/askinno.com\/global\/archives\/16376","title":{"rendered":"SK On and Polestar sign battery supply agreement for Polestar 5"},"content":{"rendered":"<p style=\"text-align: left;\"><strong><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">\u25a0 Korean EV battery maker to supply battery modules for Polestar 5 starting 2025<\/span><\/strong><\/p>\n<p style=\"text-align: left;\"><strong><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">\u25a0 Ultra-long high-nickel battery boasts high energy density and safety<\/span><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">SK On, a leading electric vehicle (EV) battery manufacturer, announced today it has signed a battery cell supply agreement with the Swedish EV maker Polestar, securing another long-term growth engine in the global battery market.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">Under the agreement, SK On will supply battery cells to Polestar for its flagship EV 4-door coupe, Polestar 5 from 2025.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">With production planned to start in 2025, Polestar 5 is a luxurious four-door GT (Grand Tourer) model from the all-electric Swedish marque. Polestar 5 is set to produce up to 650 kW (884 hp) and 900 Nm, and is to be built on Polestar\u2019s bespoke bonded aluminum platform.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">Powering Polestar 5 will be SK On\u2019s ultra-long high-nickel batteries comprised of 56-centimeter-long cells. In particular, these batteries, boasting high energy density, demonstrated superb safety credentials by successfully passing stringent conditions in Thermal Propagation (TP) tests.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">\u201cWe are delighted to collaborate with Polestar on its top-tier EV model,\u201d said SK On CEO Jee Dong-seob. \u201cWe will solidify our partnership with Polestar and create new opportunities through this agreement.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">Thomas Ingenlath, Polestar CEO, said, \u201cOur 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.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">In 2021, SK Group invested in Polestar through a New Mobility Fund. The two companies also signed a memorandum of understanding (MOU) to strengthen their collaboration in the field of electric vehicles.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: left;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"><strong>[Photos]<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">(Photo 1) The Polstar 5 prototype is being developed rapidly and planned to begin production in 2025.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_01.jpg\" alt=\"\" width=\"1240\" height=\"826\" class=\"alignnone size-full wp-image-16381\" srcset=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_01.jpg 1240w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_01-300x200.jpg 300w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_01-1024x682.jpg 1024w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_01-768x512.jpg 768w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_01-250x167.jpg 250w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_01-810x540.jpg 810w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_01-800x533.jpg 800w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_01-270x180.jpg 270w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_01-450x300.jpg 450w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_01-751x500.jpg 751w\" sizes=\"auto, (max-width: 1240px) 100vw, 1240px\" \/><br \/>\n&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\">(Photo 2) The Polstar 5 prototype stands inside of the Polstar R&#038;D center in the UK. <\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_02.jpg\" alt=\"\" width=\"1240\" height=\"826\" class=\"alignnone size-full wp-image-16382\" srcset=\"https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_02.jpg 1240w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_02-300x200.jpg 300w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_02-1024x682.jpg 1024w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_02-768x512.jpg 768w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_02-250x167.jpg 250w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_02-810x540.jpg 810w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_02-800x533.jpg 800w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_02-270x180.jpg 270w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_02-450x300.jpg 450w, https:\/\/askinno.com\/global\/wp-content\/uploads\/sites\/2\/2023\/11\/Polestar-5_02-751x500.jpg 751w\" sizes=\"auto, (max-width: 1240px) 100vw, 1240px\" \/><br \/>\n&nbsp;<\/p>\n<div style=\"width: 100%; max-width: 11240px; border: 2px solid #d5d5d5; padding: 5px 0px; line-height: 26px; font-size: 16px;\">\n<div style=\"padding: 0px 10px;\">\n<div style=\"margin-top: 10px; margin-bottom: 10px;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"><span style=\"font-family: 'Nanum Gothic', sans-serif; font-size: 13pt;\"><strong>\u25a0 Related articles <\/strong><br \/>\n&#8211;<a href=\"https:\/\/askinno.com\/global\/archives\/14179\" target=\"_blank\" rel=\"noopener\"> SK On becomes first global battery manufacturer to win Edison Award<\/a><br \/>\n&#8211;<a href=\"https:\/\/askinno.com\/global\/archives\/12667\" target=\"_blank\" rel=\"noopener\"> SK On\u2019s Super Fast Battery surprises the world with 80% charged in just 18 minutes<\/a><br \/>\n&#8211;<a href=\"https:\/\/askinno.com\/global\/archives\/9548\" target=\"_blank\" rel=\"noopener\"> SK On unveils production process and future vision of \u201cSafe Batteries\u201d at InterBattery 2022<\/a><\/span><\/span><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u25a0 Korean EV battery maker to supply battery modules for Polestar 5 starting 2025 \u25a0 Ultra-long high-nickel battery boasts high energy density and safety &nbsp; SK On, a leading electric vehicle (EV) battery manufacturer, announced today it has signed a battery cell supply agreement with the Swedish EV maker Polestar, securing another long-term growth engine &#8230; <a title=\"SK On and Polestar sign battery supply agreement for Polestar 5\" class=\"read-more\" href=\"https:\/\/askinno.com\/global\/archives\/16376\" aria-label=\"Read more about SK On and Polestar sign battery supply agreement for Polestar 5\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":16390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,4,8,644],"tags":[35,13,1582,1583,648],"class_list":["post-16376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporates","category-press-room","category-press-release","category-sk-on","tag-battery","tag-ev-battery","tag-polestar","tag-polestar-5","tag-sk-on"],"acf":[],"_links":{"self":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/16376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/comments?post=16376"}],"version-history":[{"count":13,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/16376\/revisions"}],"predecessor-version":[{"id":16686,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/posts\/16376\/revisions\/16686"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media\/16390"}],"wp:attachment":[{"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/media?parent=16376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/categories?post=16376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/askinno.com\/global\/wp-json\/wp\/v2\/tags?post=16376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}