South Korean EV battery manufacturer Samsung SDI has signed an EV battery supply deal with Hyundai Motor.

Samsung SDI will supply prismatic batteries for Hyundai Motor’s EVs targeting the European market from 2026 to 2032. Hyundai Motor will use sixth-generation Samsung SDI P6 prismatic batteries. The P6 cell features a nickel cobalt aluminum (NCA) cathode containing 91% nickel and Samsung SDI’s proprietary silicon-based anode. P6 batteries will be manufactured at Samsung SDI’s Hungary plant and supplied to Hyundai Motor’s production facility in Europe. 

“We have taken the very first step forward with Hyundai,” said Yoon-ho Choi, President and CEO of Samsung SDI. “The company will make best efforts to help Hyundai reinforce its global market by expanding our long-term partnership with the automaker.” 

Source: Samsung SDI