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Samsung SDI

Samsung SDI, Stellantis Announce $2 bn Investment for Second EV Battery Plant in US

Samsung SDI, a leading South Korean battery manufacturer, has unveiled plans to invest 2.7 trillion won (approximately $2.00 billion) in constructing a second electric...

Stellantis and Samsung SDI to open second plant for EV batteries

Automaker Stellantis and South Korean battery manufacturer Samsung SDI have announced plans to establish a second joint-venture plant in the United States focused on...

General Motors and Samsung SDI plan $3 bn battery plant in Indiana

General Motors and Samsung SDI will collaborate on the construction of a new electric vehicle (EV) battery cell plant in Indiana, the United States. The...

GM, Samsung SDI to invest $3 bn to build EV battery plant in US

General Motors and Samsung SDI said they will invest over $3 billion to build an electric vehicle (EV) battery manufacturing plant in the U.S. Expected to...

Samsung SDI bets on premium EV market in 2023

Samsung SDI has posted a record annual revenue of KRW 20.12 trillion and operating profit of KRW 1.8 trillion in 2022. Samsung SDI’s fourth quarter...

Posco Chemical wins $32.6 bn order from Samsung SDI

Posco Chemical said it has won a 40 trillion won ($32.60 billion) order from Samsung SDI to supply cathode materials for electric vehicle batteries between 2023...

Samsung SDI breaks ground for $1.3 bn battery factory in Malaysia

Samsung SDI said it has broken ground on a new 1.7 trillion won ($1.3 billion) battery factory in Malaysia to make cylindrical batteries. The South...

Samsung SDI- Stellantis JV to invest $1.3 bn in EV battery plant

South Korean battery maker Samsung SDI said it will be investing $1.29 billion to build an electric vehicle (EV) battery plant in the Indiana...