Swedish automotive brand Polestar has announced the signing of a lithium-ion battery cell supply agreement South Korea-based SK On to equip its upcoming Polestar 5 model with better battery technology to ensure ‘superior’ driving range. The upcoming performance 4-door GT variant of the Polestar 5, which is reportedly inspired by the Precept concept car, will come equipped with SK On's advanced 22-inch (56 cm) ultra-long battery cells. According to the automaker’s recently published official press release, high-performing, high-nickel chemistry battery cells produced by SK On promise to deliver exceptional energy density for longer driving range, in addition to rapid charging, efficient discharging. The innovative tech also promises top-notch safety features.

While precise specifications haven’t been released by the company, expectations are quite high, positioning the Polestar 5 EV in line with other premium battery-powered vehicles. Previous reports indicate that the model will feature a dual-motor, all-wheel drive (AWD) powertrain, boasting up to 650 kW of power and 900 Nm of torque. Additionally, the driving range of the upcoming EV is expected to be 373 miles (approximately 600 km) on a single charge.

Series production of the Polestar 5 electric sedan is scheduled to commence in 2025, which marks a slight delay from the vehicle’s previously hinted release in 2024.

It is worth noting here that the relation between the automobile manufacturer and the battery producer is not new at all. In the year of 2021, the wider SK Group, which owns the SK On, had made a significant investment in Polestar through a New Mobility Fund. At the time, the two companies had also signed a memorandum of understanding (MOU) to enhance their cooperation in the EV sector.

Thomas Ingenlath, the Chief Executive Officer (CEO) of Polestar, conveyed his contentment with the collaboration, saying that it proved to be productive following the signing of the initial MOU by the battery maker’s parent firm. He also affirmed that the Polestar 5 would incorporate the high-capacity SK On battery tech to meet the anticipated performance standards.

Speaking on the topic, the top executive stated, “Our relationship with SK On has been productive following our initial MOU and their investment in our brand. Polestar 5 is progressing swiftly and will feature this high-capacity battery to deliver the expected performance of our grand tourer.”

For his part, SK On CEO Jee Dong-seob emphasized his company’s intention to strengthen the partnership and explore further opportunities.