Dangsheng Technology signs supply agreement with SK On to promote the development of solid-state lithium batteries

On March 3, Dangsheng Technology announced that it had signed a supply agreement with SK On, a subsidiary of South Korea's SK Group. According to the agreement, SK On will purchase approximately 130,000 tons of lithium battery cathode materials from Dangsheng Technology from 2025 to 2028. These materials include various types of cathode materials such as high nickel and medium nickel. SK On supplies lithium batteries to internationally renowned automakers such as Hyundai, Daimler, and Volkswagen, and is one of the world's leading lithium battery manufacturers.