Posts Tagged: SAMSUNG SDI

Majority of demand for nickel and cobalt coming from 5 battery suppliers

In 2019, over 59,000 tons of nickel and 14,400 tons of cobalt were deployed globally in passenger EV batteries, a one-year increase of 39% and 34%, respectively, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker. Panasonic used  51% of the global market share of nickel (down from 56% in 2018),… 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 »

VW chooses SK Innovations as additional battery supplier for North America and Europe

The Volkswagen Group has added South Korean battery cell manufacturer SK Innovation (SKI) to its stable of battery suppliers. SKI will supply the batteries for VW’s North American sales and a portion of the batteries for its European pure EVs. VW’s Roadmap E strategy calls for the Group to bring 50 new fully electric models… Read more »

VW secures battery supplies to support major EV expansion

Volkswagen says it has lined up 20 billion euros ($25 billion) worth of battery supplies to support a significant increase in EV production over the next few years. The world’s largest automaker will equip 16 factories to produce EVs by the end of 2022, compared with the three it has today. VW says it plans… 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 »

Musk: Panasonic will be exclusive battery supplier for Model 3

Tesla has a long-standing relationship with Panasonic, as a battery supplier and a partner in the Gigafactory. So EV-savvy ears perked up at news that the California carmaker had met with a trio of Korean battery-builders. In fact, Reuters reported that Samsung SDI was “making progress” in talks with Tesla to supply batteries for Model… 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 »