Industry sources expect Samsung SDI to provide battery packs for BMW’s upcoming X5 Plug-in Hybrid SUV, according to Korean news agency Yonhap. In July 2014, BMW and Samsung agreed to expand their supply relationship. The Korean company’s battery cells power the BMW i3 and i8, and market research firm IHS expects Samsung to increase shipments… Read more »
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Tesla and Samsung to expand battery partnership?
Tesla and Samsung are talking about expanding their battery partnership, industry officials have told the Korea Times. “With Tesla seeking to diversify its battery sourcing channels beyond its key partner Panasonic, Samsung SDI will have greater room to supply more EV batteries to Tesla,” said an unnamed source. Samsung is expected to supply about 8… Read more »
BMW and Samsung expand supply agreement for battery cells
BMW and Samsung SDI plan to expand their supply relationship for EV battery cells. The two companies have signed a memorandum of understanding that includes an increase in quantities delivered as well as further technological development of battery cells. BMW produces high-voltage batteries for the i3, i8 and other future hybrid vehicles at its plant… Read more »
Celgard files suit against LG Chem over battery separator patent
Celgard, a subsidiary of Polypore International (NYSE:PPO), has filed a complaint against LG Chem, alleging that the Korean chemical giant has infringed one of Celgard’s US patents for a battery separator. The patent in question covers ceramic composite layer lithium-ion battery separators. Celgard filed the lawsuit following a lengthy period of discussions with LG regarding… Read more »
Samsung invests in graphene manufacturer XG Sciences
Samsung Ventures Investment Corporation has invested an undisclosed amount in graphene manufacturer XG Sciences, which the company will use to fund additional R&D. Lansing, Michigan-based XG Sciences manufactures energy storage materials based on the company’s xGnP graphene nanoplatelets and XG Leaf graphene sheet products. Last April, the company launched graphene-stabilized silicon anode materials for Li-ion… Read more »
EV sales surge puts Panasonic battery division back in the black
Panasonic’s lithium-ion battery division is seeing a dramatic turnaround, mostly thanks to healthy sales of Tesla’s Model S, according to Lux Research. In the second quarter of 2013, the Li-ion division made about $40 million in profits, compared to a loss of $20 million in Q2 2012. Panasonic plans to invest $200 million over the… Read more »