Search Results Found For: "samsung"

EcoPro wins 5-year high-nickel NCA cathode material supply contract with Samsung SDI

EcoPro BM, a South Korean cathode materials company, has won a 5-year, $33.4-billion (43.87 trillion KRW) contract to supply high-nickel NCA cathode material to battery manufacturer Samsung SDI. The contract runs from 2024 through 2028. The sales unit price for the actual transaction will be determined by applying the price of raw materials (nickel, cobalt,… Read more »

Samsung SDI to supply EV batteries to Hyundai Motor

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… Read more »

Stellantis and Samsung SDI plan second battery gigafactory in the US

Amsterdam-headquartered multinational automaker Stellantis and South Korean EV battery maker Samsung SDI have entered into a provisional agreement under their existing StarPlus Energy joint venture to build a second EV battery factory in the US. Their first is targeted to launch in the first quarter of 2025 with an annual production of 33 GWh. It… Read more »

Palmer Digital, Samsung and IoTecha unveil new EV charging kiosk with advertising display

Palmer Digital Group, Samsung and IoTecha have partnered to launch a new EV charging kiosk that “offers new opportunities for businesses to visually engage with their customers and generate revenue.”   The new charging kiosk combines Samsung’s video displays, IoTecha’s EV charging technology and Palmer Digital’s integrated solutions. The integrated Samsung OH55A displays can be used… Read more »

Samsung SDI begins work on second battery factory in Malaysia

Samsung SDI has begun constructing its second battery production facility in Malaysia. The company says the plant, which is located in Seremban, will begin mass production of PRiMX 21700 cylindrical battery cells for power tools, micro-mobility applications and EVs in 2024. The company plans to invest 1.7 trillion won ($1.3 billion) in the production lines… Read more »

Stellantis and Samsung SDI form JV to build battery plant in Indiana

Stellantis and Samsung SDI have agreed to establish an EV battery manufacturing facility in Kokomo, Indiana. Construction is scheduled to begin later this year, and the plant is expected to go into production in 2025 with an initial annual capacity of 23 GWh, which is slated to increase to 33 GWh over “the next few… Read more »

Samsung SDI’s PRiMX battery brand features improved quality control

South Korean battery company Samsung SDI has introduced a new battery brand called PRiMX (Prime Battery for Maximum Experience). The PRiMX cells are composed of a high-nickel cathode and a silicon anode. The company says these materials shorten the lithium-ion transport distance and time by reducing resistance inside the battery cell. According to Samsung SDI,… Read more »

Yet another generation of Tesla’s Full Self-Driving chip in the pipeline, to be produced by Samsung

As Tesla’s Full Self-Driving system slowly evolves, it seems to be requiring ever more computing power. Back in 2016, Tesla announced a hardware upgrade, including a new computer from Nvidia, which it said would enable full self-driving capability, with future software updates. Since then, Tesla has upgraded the computer twice. In 2019, it introduced the… Read more »

Samsung SDI to be Rivian’s battery cell supplier

EV startup Rivian has announced that South Korean battery giant Samsung SDI will supply cells for its vehicles. The automaker, which plans to begin production of an electric pickup and an SUV this year, has been working with Samsung throughout the process of developing the new cells. Rivian’s vehicles are aimed at the outdoorsy set,… Read more »