SK On and Nissan's $661 Million Battery Deal to Create 1,700 Jobs
SEOUL, Korea/NASHVILLE, TN—SK On and Nissan have announced a battery supply agreement to support Nissan's future EV production in North America. From 2028 to 2033, SK On will supply nearly 100GWh of U.S.-manufactured high-nickel batteries for Nissan's next-generation EVs, which will be produced at its Canton, Mississippi plant.
This deal, SK On's first partnership with a Japanese automaker, contributes to U.S. manufacturing growth, supporting 1,700 jobs, and involves a $661 million investment from SK On. This investment is in addition to Nissan's $500 million investment in EV production at Canton.
SK On, a subsidiary of South Korea's SK Group, continues to expand its presence in the U.S., operating two battery plants and constructing four more. Once fully operational, its U.S. production capacity will exceed 180GWh annually.
For Nissan, this partnership aligns with its global EV strategy, which includes launching 30 new models over three years, with 16 electrified vehicles. The collaboration reinforces localized EV production and strengthens the domestic supply chain for advanced, high-quality EV technology.
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