South Korean battery and buying and selling firm SK ona part of South Korea’s second-largest conglomerate SK Group, has been chosen because the battery provider for US-based electrical automobile startup Slatehighlighting its increasing presence within the US market.
SK On will provide Slate with round 20 GWh of US-manufactured batteries beginning in 2026 via 2031, and the startup might take further volumes as its manufacturing will increase.
The Slate Truck can be powered by SK On’s nickel-cobalt-manganese (NCM) battery. Its excessive nickel content material supplies excessive vitality density, security and efficiency, supporting Slate’s aim of providing an reasonably priced EV whereas sustaining reliability.
The partnership displays SK On’s efforts to increase its presence in North America to satisfy the rising wants for versatile, scalable battery provide within the US. It additionally signifies a strategic transfer into extra reasonably priced EV market segments, as SK On has so far primarily served premium EV fashions.
“Slate is a truck platform so customizable that it may remodel from a 2-seat pickup to a 5-seat SUV,” mentioned Slate CEO Chris Barman. “SK On’s progressive strategy and partnership has allowed us to satisfy our goal of delivering a radically reasonably priced automobile.”
Supply: SK on
