Polestar Partners With SK On For Polestar 5 Battery Supply
Portfolio Pulse from Benzinga Neuro
Swedish electric vehicle manufacturer Polestar (NASDAQ:PSNY) has partnered with South Korea's leading battery producer, SK On, for the supply of battery cell modules for its upcoming Polestar 5 electric 4-door GT. The decision was influenced by SK On's advanced battery cell technology, which is known for its high-performing chemistry, quick charging, and efficient discharging capabilities. The Polestar 5 is expected to begin production in 2025.
November 06, 2023 | 9:41 am
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Polestar's partnership with SK On for the supply of advanced battery cell modules for its upcoming Polestar 5 could potentially enhance the vehicle's performance and market appeal.
The partnership with SK On, a leading battery producer, could potentially enhance the performance and market appeal of Polestar's upcoming Polestar 5, given SK On's advanced battery cell technology. This could positively impact Polestar's market position and stock performance in the short term.
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