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July 9, 2024 | BUSINESS WIREEstimated reading time: 1 minute
Sakuu, a leading provider of commercial-scale equipment and technologies to the battery manufacturing industry, 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.
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