SK On Wins $3 Billion Battery Order from US EV Startup Slate for 20GWh

Published: May 9, 2025 16:38

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[Lithium Battery Giant Secures Another 20GWh Mega Order!] South Korean power battery company SK On announced that it has been selected as the battery supplier for US EV startup Slate. According to the agreement, SK On will supply 20GWh of batteries to Slate from 2026 to 2031, valued at approximately $3 billion. The batteries will utilize a high-nickel Ni-Co-Mn battery solution and be produced at SK On's US factory, with the option to increase supply as production scales up.

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