Samsung SDI

Samsung SDI said Thursday that Lucid Motors’ Lucid Air Grand Touring electric vehicle (EV), equipped with the Korean firm’s 21700 cylindrical batteries, set a Guinness World Record for the longest journey by an electric car on a single charge, traveling 1,205 kilometers during a test drive last month. The test was conducted between St. Moritz, Switzerland, and Munich, Germany. It included alpine roads, highways and secondary roads. The U.S. EV maker exceeded the previous record of 1,045 kilometers set in June. This milestone was attributed to the synergy across Samsung SDI’s cutting-edge battery technology combined with Lucid’s in-house powertrain platform, outstanding design and engineering. “With Samsung SDI’s cylindrical battery powering the world’s longest-range vehicle, we have proven our technological prowess,” a Samsung SDI official said. “We will strengthen our partnership with Lucid to expand our global market share and accelerate the development of products that combine

Samsung SDI has secured six of eight battery supply deals in a 1 trillion won ($726 million) project led by the Ministry of Trade, Industry and Energy to install energy storage systems (ESS) in Korea’s southern regions. According to industry officials on Friday, Samsung SDI was selected as the preferred bidder to supply its nickel-cobalt-aluminum (NCA) batteries to six facilities in South Jeolla Province’s Jindo, Goheung, Yeonggwang, Muan and Shinan counties. These facilities will have a combined capacity of 465 megawatts, or 2,574 megawatt-hours. The other two facilities, in Gwangyang, South Jeolla Province and on Jeju Island, will use lithium iron phosphate (LFP) batteries from LG Energy Solution (LGES). SK On did not win any orders this round. The outcome came as a surprise as LGES had previously beaten Samsung SDI in most ESS bids. Because NCA batteries with higher energy densities are more expensive than LFP batteries, LGES had been expected to sweep most of the recent orders.

Vowing to “take a greater leap forward” amid mounting challenges, Samsung SDI CEO Choi Joo-sun pledged Tuesday to lead the company through turbulent times as the battery maker celebrated its 55th anniversary. “It is said that one’s true competence is revealed when circumstances become more difficult,” Choi said during a ceremony marking the anniversary at its headquarters in Giheung, Gyeonggi Province. “I believe in our competence and potential. If we come together as one, we can take a greater leap forward.” Acknowledging recent challenges in the internal and external business environment, Choi said, “Recently, I often have trouble sleeping at night. When I think of the reality we face, I sometimes feel shivers down my spine.” Choi, who took office in November 2024, stressed the need for the company to restore competitiveness in manufacturing; stabilize its electrode, assembly and pack technologies; and ensure the success of new ventures in the electronic materials sector. “The market

Samsung SDI announced Wednesday that it has signed a deal with Tesvolt, a leading German manufacturer specializing in commercial energy storage systems (ESS), to supply its all-in-one battery solution, the Samsung Battery Box (SBB). The company will deliver SBB to Tesvolt by the end of this month. Tesvolt will then integrate the batteries with its own power conversion systems and advanced cybersecurity features to create and provide its own ESS solution for customers. “We’ve been supplying ESS batteries to Tesvolt since 2017, and this new SBB agreement will take our partnership to the next level. We’re going to ramp up our push into European and other global markets,” a Samsung SDI official said. In addition, the two companies also agreed to explore further supply deals and strengthen their partnership through joint marketing efforts to win forthcoming ESS projects. “The SBB features a unique solution to prevent battery fires, the enhanced direct injection system, and is also highly

Samsung SDI said Wednesday it has received two awards for its uninterruptible power supply (UPS) system battery product U8A1 and its no thermal propagation (No TP) technology during The Smarter E Europe 2025 trade show in Munich, Germany. The battery maker was the only Korean award winner at the largest energy exhibition in Europe. Among the global companies participating in the event, Samsung SDI was also the only winner of multiple awards. The Smarter E Europe grants awards to innovative products and technologies across five categories — energy storage, e-mobility, photovoltaics, smart energy and outstanding projects. A total of 14 products and technologies were selected as finalists this year. U8A1, the newest UPS battery, won in the energy storage category. Samsung SDI said the battery is designed to supply emergency power to data centers for artificial intelligence during outages. The company said the product improves space efficiency for data center operators, as it increases

Samsung SDI is introducing its latest batteries to meet rising demand from the global artificial intelligence (AI) industry at InterBattery Europe 2025 in Germany, according to Samsung Group’s battery and electronic materials manufacturing arm, Tuesday. The company will operate five exhibition zones at its booth — SBB 1.5 energy storage system (ESS), AI Data Center, Prismatic Tech Hub, Battery Showroom and Net Zero Gate — during the event continuing from Wednesday to Friday (local time) in Munich. The company's slogan is “InCelligent Life, Always ON.” Uninterruptible power supply (UPS) batteries will be one of the categories the company will showcase, responding to ongoing advancements in AI and increasing UPS demand in the global IT industry. U8A1, a key product in the category, was designed to supply emergency power to AI data centers during outages. The company said it features the highest power output in the industry and improves space efficiency for data center operators.

Samsung SDI announced Monday that it will participate in InterBattery Europe 2025, set to take place in Germany from May 7 to 9, as part of its efforts to expand its presence in the global energy storage market, particularly in Europe. InterBattery Europe is one of the key exhibitions at The Smarter E Europe — the continent’s largest alliance of energy industry exhibitions — with more than 200 companies expected to participate this year. Samsung SDI will showcase a range of next-generation battery products and innovations under the slogan “Intelligent Life, Always ON,” highlighting how battery technology can seamlessly connect with and enhance daily life. The company will particularly focus on its energy storage system (ESS) technologies designed for the AI era, featuring improved safety and greater user convenience. Among the highlights will be the U8A1, a new battery developed for uninterruptible power supply systems, which provide critical backup power during outages at facilities

Samsung SDI said Thursday that it has received the Jaguar Land Rover (JLR) Quality Award from the British carmaker, which also certified the Korean battery maker as a top global partner. Since 2010, JLR has rewarded its global suppliers for their efforts to provide high-quality products on time, contributing to mutual growth. The automaker presents the awards following a rigorous evaluation of partners based on product quality and delivery reliability. With the recent award, Samsung SDI has been recognized for its product technology and quality, solidifying its position as an outstanding partner. "Our outstanding technological prowess and quality have been reaffirmed by our premium brand client, and we will continue to provide our customers with the best products and grow together through the partnership," said Park Jeong-joon, head of Samsung SDI's quality division. Following a strategic partnership signed in 2018, Samsung SDI has supplied JLR with its 21700 cylindrical batteries for

Samsung SDI has begun production of 46-series cylindrical batteries, becoming the first Korean company to achieve the milestone.

Samsung SDI has begun production of 46-series cylindrical batteries, becoming the first Korean company to achieve the milestone.

Samsung SDI, Korea's second-biggest battery maker, said Monday it has begun supplying next-generation 46-series cylindrical batteries to a U.S. company.

Samsung SDI said Friday that it has signed a 437.4 billion won ($300.7 million) contract to supply energy storage system (ESS) batteries for U.S. company NextEra Energy, as part of their major supply deal with a total anticipated value exceeding 1 trillion won.

Samsung SDI has signed an agreement with Hyundai Motor and Kia to develop high-performance batteries for robots, aiming to improve energy density, output and usage time, the battery maker said Tuesday.

Samsung SDI, Korea's second-biggest battery maker, said Tuesday it has signed an initial pact with Hyundai Motor and its affiliate Kia to jointly develop robot-specific batteries.

Samsung SDI and LG Energy Solution have claimed InterBattery Awards 2025, proving their battery tech prowess for the second straight year, the two battery firms said Monday.

Samsung SDI, a battery and electronic materials manufacturing unit under Samsung Group, said Thursday it has appointed Choi Joo-sun, head of Samsung Display, as its new CEO as part of the group's leadership reshuffle.

Samsung SDI pledged at its annual supplier commendation event on Wednesday to pursue shared growth with its partners to become 'a global top-tier company' by 2030, the battery maker said Thursday.

Samsung SDI, a major Korean battery maker, said Wednesday its third-quarter net profit plunged 63 percent from a year earlier due to a slowdown in electric vehicle sales.

Samsung SDI unveiled details on its first electric vehicle battery production in the US in partnership with Stellantis and General Motors during its third-quarter earnings announcement Wednesday. “The joint venture with Stellantis, Starplus Ene

Samsung SDI Co., a major South Korean battery maker, said Wednesday its third-quarter net profit plunged 63 percent from a year earlier due to a slowdown in electric vehicle sales. Net profit for the three months to September fell to 230.4 billion wo

Samsung SDI, a major Korean battery maker, said Wednesday its third-quarter net profit plunged 63 percent from a year earlier due to a slowdown in electric vehicle sales.

Samsung SDI said Wednesday it has showcased its battery lineup, ranging from the prismatic battery P6 to the next-generation all-solid-state battery, at the Daegu International Future Auto & Mobility Expo. The company’s all-solid-state batt

Samsung SDI unveiled a wide range of battery products and the latest technologies for enhanced safety in the 2024 Daegu International Future Auto & Mobility Expo held at EXCO from Wednesday to Saturday.

The conditions at the new joint venture battery plant are appalling, with workers subject to low pay, long hours and numerous safety hazards.

The CEOs of Samsung SDI and LG Innotek each hosted events to tap into the global workforce, showcasing their companies' visions to attract talented specialists and skilled professionals.

Samsung SDI invited over 60 students and industry experts from Europe’s top institutions at its tech and career forum in London, aiming to secure global talent to strengthen the firm's technological competitiveness, the company said Sunday

Samsung SDI is facing a backlash from its unionized workers over the battery maker’s plan to sell its struggling industrial film business to a Chinese company.

Samsung SDI is showcasing its lineup of next-generation batteries optimized for electric commercial vehicles at IAA Transportation 2024 in Hanover, Germany, the company said, Wednesday. The lineup includes the latest lithium iron phosphate (LFP)-plus battery, all-solid-state battery and 46-phi cylindrical battery.

Samsung SDI has decided to follow in the footsteps of LG Chem and other Korean chemical companies by selling its struggling industrial film business amid fierce competition with Chinese rivals.

Samsung SDI has decided to sell its polarizing film business to China’s Wuxi Hengxin Optoelectronic Materials for 1.12 trillion won ($833.3 million) as the company aims to focus on honing the competitiveness of its electronic materials unit, th

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Samsung SDI will present its latest energy storage systems at RE+ 2024, the largest clean energy expo in North America, held in Anaheim, California, for four days starting Monday. The company’s showcase will revolve around the theme "A Sus

General Motors is delaying its jointly-run electric vehicle factory with Samsung SDI by one year, a move that shows another legacy automaker tempering their expectations as the U.S. EV market seems to be derailed by consumer interest in hybrids. GM and Samsung SDI said on Tuesday that they would still build the factory, slated to […] The post General Motors delays Samsung SDI battery factory by one year appeared first on TESLARATI.

General Motors and Samsung SDI finalized their partnership that will invest $3.5 billion in an EV battery plant in Indiana.

Samsung SDI and General Motors reaffirmed their commitment to the growth of the electric vehicle market despite the recent slowdown as they finalized the agreement to establish a joint battery plant in the United States on Tuesday. According to Samsu

Samsung SDI and General Motors (GM) have signed a contract to build a joint factory for electric vehicle (EV) batteries in the U.S. state of Indiana by investing $3.5 billion (4.65 trillion won), they said Wednesday.

Samsung SDI Co., a South Korean battery maker, said Wednesday it has signed a formal deal with global automaker General Motors Co. to jointly build electric vehicle (EV) batteries in the US state of Indiana. Under the deal, the two companies will inv

Samsung SDI has embarked on a global journey to find the most talented professionals to advance the Korean company’s level of technology and take the lead in the secondary battery industry. The battery maker held this year’s first career

LG Energy Solution (LGES) and Samsung SDI are nearing the mass production of Tesla’s 4680 cell design.  Samsung SDI aims to start mass production on the 46-series cylindrical battery by early 2025. The South Korean battery supplier accelerated its timeline for the 4680 cells by over a year. It set up a production line at […] The post Tesla 4680 cells closer to mass production with LGES & Samsung SDI appeared first on TESLARATI.

Samsung SDI, a major Korean battery maker, said Tuesday its second-quarter net profit plunged 38 percent from a year earlier due to slowing demand for electric vehicles.

Samsung SDI said, Tuesday, that it plans to continue investing in increased production capacity and advanced batteries for electric vehicles (EVs), despite a decline in its second-quarter operating profit due to a temporary slowdown in global EV demand.

Samsung SDI and LG Energy Solution are nearing mass production of the next-generation 46-series cylindrical battery, which is anticipated to be the next generation in battery technology. Samsung SDI is accelerating its timeline, aiming to start mass

Samsung SDI said, Tuesday, that it plans to continue investing in increased production capacity and advanced batteries for electric vehicles (EVs), despite a decline in its second-quarter operating profit due to a temporary slowdown in global EV demand.

Samsung SDI, a major Korean battery maker, said Tuesday its second-quarter net profit plunged 38 percent from a year earlier due to slowing demand for electric vehicles.

Samsung SDI signed a memorandum of understanding with Sungkyunkwan University (SKKU), Thursday, to establish an academic department dedicated to raising future experts on battery engineering, the company said, Friday.

Samsung SDI is set to supply energy storage solution batteries worth 1 trillion won ($724 million) to NextEra Energy, the largest electric utility in the United States. Industry sources report that Samsung SDI is finalizing a contract to provide batt

Samsung SDI, the global leader in batteries for electric bikes, is showcasing its cylindrical battery products at the China International Bicycle Fair currently taking place in Shanghai, as part of the battery maker’s efforts to extend its market leadership, the company said Monday.

Samsung SDI said Monday that it is showcasing its latest battery products, including cylindrical batteries, at this week’s China Cycle 2024, one of the largest bicycle and motorcycle exhibitions that is marking its 32nd year. The four-day event

Samsung SDI on Tuesday reported its first-quarter net profit of 286.7 billion won ($208.3 million), down 38.3 percent from a year earlier.

Samsung SDI is exhibiting its next-generation "super-gap" battery technologies, including all-solid-state batteries and ultra-fast charging solutions, at the 37th Electric Vehicle Symposium & Exposition in Seoul from Tuesday, where it p

Samsung SDI this week presented a battery-development roadmap with ambitious performance targets for charging, energy density, and battery life. On the charging front, the company believes it can begin mass-producing battery cells capable of being charged from 8% to 80% in just nine minutes by 2026. This will be made possible by "optimizing...

GWANGYANG, South Jeolla Province - POSCO Future M started building a high-nickel NCA (nickel, cobalt and aluminum) cathode materials plant in the southern port city of Gwangyang, South Jeolla Province, Thursday, aiming to supply all of the electric vehicle (EV) battery materials produced at the factory to Samsung SDI.

Samsung SDI said Tuesday its fourth-quarter earnings tumbled 21.6 percent on-year due to sluggish demand for batteries used in energy storage system (ESS) and IT products.

Samsung SDI said Tuesday its fourth-quarter earnings tumbled 21.6 percent on-year due to sluggish demand for batteries used in energy storage system (ESS) and IT products.

Samsung SDI said Tuesday it posted all-time high revenue last year with robust growth in sales of electric vehicle batteries. In its earnings report, the company said annual sales revenue soared 12.8 percent to 22.7 trillion won ($17.1 billion). Its

Korean battery makers are facing an increasingly unfavorable business environment this year, as the sluggish global demand for electric vehicles (EVs) led U.S. carmakers to cut production, according to securities analysts, Wednesday.

A Chinese battery firm and its car manufacturing parent are under investigation in Korea for allegedly stealing technologies from Samsung SDI and SK On, according to the police and industry officials, Wednesday.

Samsung SDI, a leading South Korean lithium-ion battery manufacturer, has acquired a stake in Toronto-based Canada Nickel in a $18.5 million deal to ensure a stable supply of critical battery materials for its expanding North American operations. Ann

Samsung SDI Co., the battery unit of Samsung Group, has signed a deal to acquire a stake in Canadian mine developer Canada Nickel to bolster its supply of key minerals for rechargeable batteries.

Samsung SDI has outpaced its Korean rivals by supplying batteries to the largest number of electric vehicles under the heightened US EV tax credit regulations that went into effect Jan. 1, according to industry sources on Sunday. Of the 19 EVs eligib

Samsung SDI said Thursday it has set up a team dedicated to pushing forward the development of the next generation all-solid-state batteries. All-solid-state batteries are called “game changer batteries,” in which all the components are s

EcoPro BM, a battery materials manufacturing subsidiary of EcoPro, said Sunday it has forged a deal with Samsung SDI to supply 44 trillion won ($34 billion) worth of cathode materials for electric vehicle batteries. From next year to 2028, the batter

Samsung SDI said Tuesday it is bolstering ties with Volvo Trucks as the two companies celebrate the fifth anniversary of their partnership this year. Samsung SDI CEO Choi Yoon-ho and Martin Lundstedt, CEO and president of Volvo Group, as well as othe

Samsung SDI said Thursday it has posted a record-high revenue in the third quarter, driven by upbeat sales of electric vehicle batteries. In the July–September period, the company’s revenue surged 10.8 percent on-year to 5.9 trillion won

Samsung SDI signed a contract with Hyundai Motor to supply batteries from 2026 to 2032 for the carmaker’s next-generation electric vehicles (EVs) targeting the European market, the battery maker said Monday.

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The new battery gigafactory is expected to begin production in early 2027 with an annual capacity of 34 gigawatt-hours.

Samsung SDI said Thursday it is poised to set up a second electric vehicle battery manufacturing plant with Stellantis in the US state of Indiana. The production facility will be built by StarPlus Energy, a joint venture of Samsung SDI and Stellantis

 Stellantis and Samsung SDI announced that another StarPlus Energy battery plant will be built in Kokomo, Indiana.  Stellantis and Samsung SDI recently announced the joint venture’s plans for a second StarPlus Energy gigafactory in Kokomo. The joint venture’s second battery plant is expected to start production by early 2027 with an annual capacity of 34 […] The post Stellantis & Samsung SDI to build another battery plant in Indiana appeared first on TESLARATI.

Samsung SDI, Korea's second-biggest car battery maker, said Wednesday it will build its second U.S. battery plant in Indiana jointly with Stellantis near the first plant under construction.

The $3.2 billion plant will be co-located in Kokomo, Ind., next to the first plant under construction. The companies expect to create 1,400 jobs at the second site and will begin production in 2027.

Samsung SDI will spend $1.97 billion on its second battery manufacturing facility it is building in the United States jointly with Stellantis N.V., the South Korean battery maker said in a filing Wednesday.

South Korea’s leading battery maker Samsung SDI said Wednesday it has achieved the highest certification of "Platinum" from UL Solutions’ Zero Waste to Landfill program for all six facilities at home. UL Solutions, a global lead

Some 200 participants attended Samsung SDI's job fair in Korea on Friday, the firm said Sunday, as it seeks to secure top tech talent to continue its growth momentum. In cooperation with local universities, the battery maker hosted the 2023 Tech

Samsung SDI is set to construct a lithium iron phosphate (LFP) battery production line at its Ulsan factory, marking the first of its kind in South Korea.According to industry and government sources on Aug. 16, Samsung SDI is in discussions with the Ulsan city officials about building a next-generat

Media reports about potential upcoming production of Samsung SDI 46120-type cylindrical cells in Europe.

Korean battery makers are changing their production targets even as they are building plants. This is in response to the rapidly growing demand for batteries. Spurred on by support from North American countries, battery makers are increasingly changing production plans for plants that are barely com

Samsung SDI is reportedly in talks with several automakers over volume production of all-solid-state batteries in 2027.“We cannot disclose customer names, but we are currently in talks with several automakers over a volume production schedule of 2027,” said Sohn Michael, vice president and head of t

Samsung SDI on Thursday reported its second-quarter net income of 484.5 billion won ($381.2 million), up 18.7 percent from a year earlier.

Samsung SDI and Stellantis, a global automaker, are investing approximately US$3.2 billion (4 trillion won) to build a second electric vehicle battery plant in the United States. This move, following the establishment of their joint venture just over a year ago, has been evaluated as a step towards

Samsung SDI and Stellantis, which established a joint venture last year, signed a memorandum of understanding to build their second electric vehicle (EV) battery plant in the U.S., the Korean firm said Monday. Slated to start production in 2027, the StarPlus Energy joint venture's new plant aims to have an initial annual production capacity of 34 gigawatt-hours (GWh).

Samsung SDI said Monday it plans to build a second battery manufacturing facility with Stellantis N.V. in the United States, in addition to the ongoing project for their first plant in Indiana.

Samsung SDI said Monday it is poised to build a second electric vehicle battery manufacturing plant with Stellantis in the US, ramping up its investment in the all-important EV market. The two signed a memorandum of understanding to set up the plant

The location is still under review, but once finalized, production could begin in 2027.

Stellantis announced early Monday that it plans a second U.S. battery plant to help support American EV production. With a memorandum of understanding signed between Stellantis and Samsung SDI Monday, the companies seek to start production at the facility in 2027 and “an initial annual production capacity of 34 gigawatt-hours.” But the...