Sakuu and SK On to Collaborate on Advancing EV Battery Manufacturing
July 08 2024 - 12:00PM
Business Wire
Partnership brings commercial-scale dry process
innovation to electrode manufacturing with Sakuu’s Kavian® printing
platform
Sakuu®, a leading provider of commercial-scale equipment and
technologies to the battery manufacturing industry, today announced
a joint development agreement (JDA) with global manufacturer SK On,
one of the world’s leading suppliers of EV batteries. This
partnership marks a significant milestone in the continuous efforts
of Sakuu and SK On to advance next generation battery manufacturing
innovation by addressing current industry challenges, while
enabling next-generation solutions for tomorrow. Central to the
agreement is the industrialization of the dry process Kavian
platform.
Following Sakuu’s announcement of early access to its dry
process Kavian platform in December 2023, SK On, the fifth largest
battery manufacturer in the world, is among the first to partner
with Sakuu in developing the revolutionary Kavian platform. In the
U.S., SK On currently operates two EV battery plants in Commerce,
Georgia, and is further expanding its presence in the southern U.S.
by constructing additional EV battery plants through joint ventures
with Ford Motor Co. and Hyundai Motor Group.
“We are pleased to announce this strategic partnership with
Sakuu,” said Dr. Rhee Jang-weon, Chief Technology Officer of SK On.
“We look forward to working closely with Sakuu to accelerate
innovations in the manufacturing processes for EV battery
electrodes.”
Sakuu’s breakthroughs in dry-process manufacturing and the
printing of electrodes eliminates the use of solvents and enables
the use of new processes in battery manufacturing that will enable
cost-effective, higher performance batteries that are also
environmentally-friendly.
“Together, SK On and Sakuu are ushering in a new era in battery
manufacturing technology, advancing safety, sustainability, and
innovation in battery technology,” said Robert Bagheri, founder and
CEO of Sakuu. “With Sakuu’s pioneering technology and SK On’s
best-in-class EV battery manufacturing expertise, we’re addressing
the core issues facing battery makers today.”
SK On and Sakuu’s collaboration will bring a new transformative
technology that aims to be the new gold standard for battery
manufacturing.
About Sakuu
Sakuu® is a leading provider of commercial-scale printing
equipment and technologies to the battery industry. Sakuu’s
dry-process platforms enable rapid innovation while reducing waste
and avoiding toxins. Headquartered in Silicon Valley, Sakuu’s team
is transforming manufacturing to power a more sustainable future.
Discover more at sakuu.com.
About SK On
SK On is a global leading electric vehicle (EV) battery
developer, manufacturer, and solutions provider whose mission is to
make our world a cleaner and more convenient place as an
electrification linchpin.
SK On was launched as an independent company in October 2021
after SK Innovation, South Korea's largest energy company, decided
to split off its battery business unit. SK On aims to become a
world leader in the clean energy industry by leveraging its global
production base and R&D capabilities, as well as its production
and quality management know-how. Headquartered in Seoul, South
Korea, SK On has a worldwide presence with battery plants currently
operating or in construction across the United States, Europe, and
Asia. For more information, please visit: http://eng.sk-on.com/
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version on businesswire.com: https://www.businesswire.com/news/home/20240708213032/en/
Christina Cherekdjian Sterling Communications, Inc.
sakuu@sterlingpr.com