Nissan and SK On announce battery supply agreement

Reading Time: 2 mins
All-New Nissan Qashqai Premire Edition - HUD 2-source
South Korean global battery manufacturer SK On is to supply Nissan with nearly 100GWh of US-made batteries from 2028 to 2033, supporting future EV production in the US.  

Nissan and global battery manufacturer SK On have recently announced a battery supply agreement that will support Nissan’s electric vehicle (EV) production in North America. 

Under the agreement SK On will supply nearly 100GWh of high-performance, high-nickel batteries to Nissan from 2028 to 2033. These US-manufactured batteries will power Nissan’s next-generation EVs to be produced at its Canton, Mississippi assembly plant.   
  
This agreement reinforces both companies’ commitment to electrification and sustainable mobility. Additionally, production will support 1,700 US jobs at SK On, and will involve a total investment of $661m, including equipment purchases.  

Qashqai_2024-113

“This agreement with SK On is a significant milestone for Nissan’s electrification journey and supports further investment in US manufacturing,” says Christian Meunier, Chairman, Nissan Americas. “Through this smart partnership with SK On, we can leverage their growing US production capacity to deliver innovative, high-quality electric vehicles that meet the needs of our customers.”  

SK On, a subsidiary of South Korea’s SK Group, currently operates two battery plants in the US and is building four additional plants with partners. Once fully operational, SK On’s annual US production capacity is expected to exceed 180GWh.  

All-new Nissan LEAF

“This agreement underscores the strength of our battery technology and our growing presence in the North American market,” says Seok-Hee Lee, President and CEO of SK On. “Leveraging our production footprint and expertise, we are committed to supporting Nissan’s electrification strategy and the broader transition to sustainable mobility.”  

Nissan is accelerating its EV strategy as part of its global long-term vision. Last year, the company announced plans to launch 30 new models over the next three years, including 16 electrified vehicles. Among those models are all-new EVs from its Canton assembly plant starting in 2028, further reinforcing its commitment to localised EV production and a sustainable future.  

This collaboration between Nissan and SK On is another milestone in the evolution of the US EV manufacturing ecosystem, ensuring customers benefit from advanced, high-quality EV technology backed by a reliable domestic supply chain.  

SOURCE: Nissan

Newsletter Sign Up

No embed code available.