Nissan and SK On Reveal EV Battery Deal

Ken Zino of AutoInformed.com on Nissan and SK On Reveal EV Battery Deal

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Nissan (7201T and NSANY ADR)* and SK On said today that SK On will supply ~100GWh of U.S.-made batteries from 2028 to 2033.  This is Korean SK On first partnership with a Japanese automaker.

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

The U.S.-manufactured batteries will power Nissan’s next-generation EVs to be produced at its Canton, Mississippi assembly plant. This production will support 1700 U.S. jobs at SK On, with claimed total investment of $661 million, including equipment purchases. Once fully operational, SK On’s annual U.S. production capacity is expected to exceed 180GWh.This is in addition to Nissan’s $500 million in investments for EV production at the Canton Assembly Plant.

Nissan is accelerating its EV strategy as part of its global long-term vision. Last year, the Nissan 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 localized EV production and a sustainable future.

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

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About Ken Zino

Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
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