Ferrari's first electric car , the Elettrica , is the result of four years of internal development, yet one key component comes from outside Maranello.

The battery cells that power the car's 122kWh structural pack are supplied by South Korean manufacturer SK On , which signed a new memorandum of understanding with Ferrari in March 2024 to deepen collaboration on future cell technology.

The MoU, signed in Seoul by Ferrari CEO Benedetto Vigna and SK On CEO Lee Seok-hee, formalises a partnership that began in 2019. Since then, SK On has supplied cells for Ferrari's plug-in hybrid models including the SF90 Stradale , SF90 Spider , 296 GTB and 296 GTS .

The new agreement moves the relationship beyond supply into joint research and development, with both companies pledging to co

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