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Samsung SDI
Samsung SDI said Monday that it has been seeking collaboration with multiple robotics companies looking to use its all-solid-state batteries, which are under development and set for mass production starting next year. The statement fueled speculation that Samsung SDI’s all-solid-state batteries could be used to power Hyundai Motor’s Atlas humanoid robot, given the partnership between the battery manufacturer and the carmaker. “Thanks to the application of physical artificial intelligence technology, the robotics market has grown rapidly and demand for all-solid-state batteries is increasing, considering the limited space for batteries in such devices and the need for high safety and power,” Park Jong-sun, head of Samsung SDI’s battery strategic marketing office, said at a conference call on the company’s earnings during the fourth quarter of last year. Samsung SDI’s quarterly operating loss from its battery business reached 338.5 billion won ($231 million). Despite the disappointing
Samsung SDI said Friday its U.S. arm has won a battery supply contract without disclosing details, with the deal widely believed to be related to Tesla's energy storage system (ESS) business. The Korean battery maker said details of the agreement, including the amount, counterparty and period, are being kept confidential for business reasons and that it will withhold further disclosure until January 2030. The latest regulatory filing followed a separate announcement made in November 2025, in which Samsung SDI hinted it had been in talks to supply battery products to Tesla. The earlier filing came in response to a request from the Korea Exchange to explain media reports that the company plans to supply batteries for Tesla's ESS business worth 3 trillion won ($2.08 billion). "The demand for ESS is expanding significantly due to the sharp growth in the artificial intelligence industry," an industry watcher said. "It seems Samsung SDI is securing a series of agreements by demonstrating
In what appears to be significant strategic pivot, Samsung SDI will begin supplying prismatic lithium iron phosphate (LFP) batteries for energy storage systems under a fresh US contract worth more than 2 trillion won (~$1.35 billion). The move will see the company shift US EV battery production lines to ESS output ahead of 2027. more…
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Samsung SDI has teamed up with KGM to co-develop next-generation electric vehicle (EV) battery packs featuring high energy density, extended driving range and fast charging, both firms said Tuesday. Under the strategic partnership, they will also develop cutting-edge battery pack technologies using Samsung SDI’s 46-series cylindrical battery cells. Both sides will also collaborate on joint research to develop more sophisticated battery packs in the future. KGM, one of Korea’s mid-tier carmakers, will apply the newly developed battery packs in its upcoming EVs. Samsung SDI said its 46-series cylindrical batteries offer enhanced safety and durability, delivering reliable performance under a wide range of driving conditions. The batteries feature Samsung SDI’s proprietary Silicon Carbon Nanocomposite anodes, which reduce swelling and extend battery lifespan, the company said. It also incorporates a tabless design that reduces internal resistance and optimizes current flow, enhancing
South Korean battery maker Samsung SDI announced it will begin manufacturing prismatic lithium-iron phosphate (LFP) batteries for stationary energy storage applications in the United States. The company will convert some existing lines at its EV manufacturing plant in Indiana to make ESS batteries. Samsung currently operates out of the StarPlus Energy factory in Kokomo, Indiana.… The post Samsung SDI to begin LFP battery manufacturing in Indiana appeared first on Solar Power World.
Samsung SDI said Wednesday that its Michigan-based subsidiary signed a contract with a U.S. energy infrastructure developer to supply lithium iron phosphate (LFP) batteries for energy storage systems (ESS) over a three-year period starting in 2027. The Korean battery maker did not disclose the buyer’s name or the exact size of the deal, though it said the contract is worth more than 2 trillion won ($1.36 billion). The announcement has drawn attention as Samsung SDI is reportedly in talks with Tesla to sign a separate three-year agreement worth 3 trillion won to supply 10 gigawatt-hours of LFP batteries annually for ESS. However, the Korean firm denied speculation that the buyer in the recent deal is the U.S. electric vehicle manufacturer. "In addition to the latest contract, Samsung SDI is currently in discussions with multiple global customers regarding the supply of both LFP and NCA batteries, fueling expectations for additional contracts in the near future," the company said in a
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Samsung SDI, Korea's second-largest battery maker, said Wednesday its U.S. subsidiary has secured a deal worth more than 2 trillion won ($1.36 billion) to supply lithium iron phosphate (LFP) batteries to a U.S. energy company through 2027. SDI America signed the three-year contract with an undisclosed U.S. energy-related infrastructure developer to supply LFP batteries for the company's energy storage systems (ESSs), Samsung SDI said in a press release. The LFP batteries will be produced at the U.S. plant of Samsung SDI's first U.S. joint venture with Stellantis, it added. "The latest ESS battery deal is significant as it has enabled the company to secure a new market for LFP batteries. Building on this agreement, the company plans to expand supplies of LFP batteries," a company official said. LFP batteries are increasingly favored for ESS applications due to their cost efficiency and strong safety features. Samsung SDI said it is "in talks" with several global customers over
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Samsung SDI has won a major award for its energy storage system (ESS) safety technology, a recognition expected to boost the company’s efforts to secure a leading position in an upcoming government-led ESS procurement project. During the 2025 Korea Tech Festival on Wednesday, Samsung SDI received a ministerial commendation in the Korea Technology Awards for its Samsung Battery Box (SBB), recognized for advancements in fire safety and cost reduction. Samsung SDI was the only domestic battery maker to be honored at this year’s awards. SBB is Samsung SDI’s integrated ESS battery solution that combines batteries and safety systems within a 20-foot container. It features a highly durable prismatic battery cell paired with the company’s fire safety technologies, including Enhanced Direct Injection (EDI) and No Thermal Propagation (No TP). EDI is a technology that directly injects fire-suppressant agents into a battery module when a thermal runaway occurs, effectively preventing heat from
Tesla has reportedly secured another major battery supply partner, but it’s not for the product you might think. more…
The update was related by industry sources and initially reported by South Korean news outlets. The post Tesla and Samsung SDI in talks over new US battery storage deal: report appeared first on TESLARATI.
Prosecutors on Monday indicted 15 people and entities, four under arrest, on charges of stealing and leaking core state-protected technology related to electric vehicle (EV) batteries developed by Samsung SDI to foreign companies, officials said. The Suwon District Prosecutors Office said the four, including the head of a company accused of orchestrating the leak, were indicted with physical detention on charges of violating the industrial technology protection act, the unfair competition prevention act and others. Eleven others were also indicted without physical detention, including a former Samsung SDI employee and two KOSDAQ-listed corporate entities. The suspects are accused of siphoning design models for EV battery components developed by Samsung SDI and one of its partner firms — key industrial secrets designated as core state-protected technology — between October 2022 and February this year, and illegally using them for business purposes. They are also suspected of leaking the
Samsung SDI is teaming up with BMW and US-based Solid Power (NASDAQ: SLDP) to commercialize all-solid-state EV batteries. more…
Samsung SDI announced Friday that it has signed a trilateral agreement with Germany’s premium automaker BMW Group and U.S.-based battery technology company Solid Power to collaborate on an all-solid-state battery (ASSB) validation project. Under the agreement, Samsung SDI will supply ASSB cells featuring enhanced energy density and safety by using Solid Power’s solid electrolyte technology. BMW will develop modules and packs for the ASSB cells. The three companies will jointly evaluate the performance of the batteries under agreed parameters and integrate them into BMW’s next-generation evaluation vehicles. Unlike conventional lithium-ion batteries that use liquid electrolytes, ASSB cells rely on solid electrolytes, offering improved safety and higher energy density. The technology enables electric vehicles (EVs) to achieve longer driving ranges without increasing the overall battery system’s weight. The collaboration marks a significant step in establishing a practical global value
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.