Samsung SDI has begun injecting capital into EcoPro EM, a joint venture with EcoPro BM, a supplier of EV battery cathode materials. Samsung said it will contribute 48 billion won ($39 million) to the joint venture for a 40% stake, while EcoPro BM will contribute 72 billion won ($58 million) for a 60% share. EcoPro… Read more »
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Samsung researchers describe all-solid-state battery with silver-carbon composite layer
Researchers from the Samsung Advanced Institute of Technology (SAIT) and the Samsung R&D Institute Japan (SRJ) have published a study on high-performance, long-lasting all-solid-state batteries in the journal Nature Energy. Compared to lithium-ion batteries, which employ volatile liquid electrolytes, all-solid-state batteries use non-volatile solid electrolytes that support greater energy density. However, their lithium metal anodes… Read more »
Volvo and Samsung SDI partner on battery packs for electric trucks
Volvo and Samsung SDI have partnered to develop battery packs for Volvo’s electric trucks. Samsung SDI will provide battery cells and modules. In December, Volvo announced plans to demonstrate its VNR electric regional-haul truck in 2019. The company has eyed commercialization in 2020. Volvo President and CEO Martin Lundstedt said, “With electromobility, the increasing needs… Read more »
BMZ orders $1 billion worth of Samsung Li-ion cells for European EVs
Battery system manufacturer BMZ is launching a long-term cooperation with Samsung SDI, and plans to order just under $1 billion worth of Li-ion cells over the next five years. BMZ says its European automotive customers will double their EV production volumes in the coming year, and is responding by expanding manufacturing capacity of its Li-ion… Read more »
Samsung SDI completes EV battery plant in Hungary
Samsung SDI has completed construction of a new EV battery plant in Hungary. Located in the town of Goed, 30 kilometers north of Budapest, the plant is capable of producing batteries for 50,000 vehicles annually. Operations are expected to begin in the second quarter of 2018. The new plant will allow the company to save… Read more »
Samsung SDI shows several battery innovations in Detroit
Battery powerhouse Samsung SDI introduced several advances in battery tech at the North American International Auto Show in Detroit. The star of the show was a new cell that the company says could enable EV driving ranges of up to 373 miles, and can fast charge in 20 minutes. Mass production is slated for 2021…. Read more »
Lucid Motors and Samsung SDI collaborate on next-generation cylindrical cells
EV startup Lucid Motors and battery giant Samsung SDI have entered a partnership under which Samsung will supply lithium-ion cells for the Lucid Air executive sedan, which is scheduled to begin production in late 2018. The two companies have collaborated to develop next-generation cylindrical cells that they say exceed current performance benchmarks in energy density,… Read more »
Samsung SDI building battery plant in Hungary
Samsung SDI has decided to make Hungary its Li-ion battery production base in Europe, and will build a new battery plant north of Budapest on a 330,000-square-meter site, using an existing facility that the company built in 2001, and used to make cathode ray tubes. Aiming to start commercial production in the second half of… Read more »
Samsung SDI drops fuel cells, will concentrate on batteries
Battery giant Samsung SDI has announced that it will completely exit the fuel cell business in order to concentrate on battery-based energy storage. “Samsung SDI decided to drop fuel cell-related business projects, as the outlook of the market isn’t good,” a company spokesman told the Korea Times. The move is part of a strategy to… Read more »
Tesla reportedly approaches LG, Samsung and SK for Model 3 batteries
Japanese giant Panasonic is currently Tesla’s exclusive battery partner, but as its battery needs balloon along with demand for the upcoming Model 3, it’s only logical that the California company should keep its options open with other suppliers. The Korea Times reported that Tesla has approached LG Chem, Samsung SDI and SK Innovation. Tesla executives… Read more »