South Korean SKIE technology (SKIET) have signed an MOU with Chinese battery cell manufacturer Gotion to develop battery supply in North America and Europe. The collaboration is aimed at the separator supply for Gotion’s global markets.
Both North America and Europe are rapidly investing in local battery manufacturing capabilities and the partnership aims to leverage each other strengths to meet the growing demand.
The verification process for supplying separators and batteries at Gotion’s production facilities has already been carried out by SKIET, a subsidiary of South Korea’s SK Innovation.
Under the terms of the MOU, SKIET will deliver separators to Gotion’s new manufacturing facilities in Illinois, US (currently under construction) and their existing factory in Slovakia, Europe.
Gotion operates plants in several locations globally and is one of the fastest growing battery companies expanding worldwide. The company is also negotiating additional contracts with other global customers.
The agreement follows SKIET’s February KRW 291.4 billion long-term supply deal for prismatic lithium iron phosphate (LFP) separators with another customer.
SKIET’s CEO, Lee Sang-min, said: “This partnership with Gotion represents a significant step forward for both companies as we look to create synergies in the global EV and ESS markets”.
He emphasised the company’s robust supply chain and confidence in the company’s products to meet the needs of all battery form factors.