South Korean EV battery manufacturer SK On has forged a strategic partnership with Sakuu, the pioneering company behind the world’s initial manufacturing platform for printing battery electrodes.
Sakuu successfully manufactures practical batteries through 3D printing, offering customised dimensions and forms with strategically designed openings for precise thermal management within a solvent-free process. A California-based company claims that its Kavian 3D printing technology has the potential to significantly reduce the production cost of batteries by nearly 50 percent. The technology promises longer-lasting batteries with a simplified recycling process compared to current lithium-ion batteries.
As one of the world’s leading battery manufacturers, SK On has taken a pioneering role by partnering with Sakuu to develop and grow the innovative Kavian platform. SunnyKaleon currently operates two electric vehicle battery recycling facilities in Commerce, Georgia. As part of its strategic expansion in the US Southeast, the company is further solidifying its presence through a series of joint ventures aimed at establishing additional electric vehicle (EV) battery production facilities alongside industry leaders Ford and Hyundai.
SK On is accelerating its US battery manufacturing plans, following an earlier announcement this week that it has entered into a non-binding memorandum of understanding (MOU) with ExxonMobil to secure a long-term off-take agreement for up to 100,000 metric tons of Arkansas-sourced lithium, a crucial component in the production of electric vehicle batteries.
This partnership may yield exciting innovations in battery production – worth keeping an eye on.
South Korean EV battery manufacturer SK On has reached an agreement with US energy giant ExxonMobil to acquire 100,000 metric tonnes of lithium from Arkansas.