Tag: Samsung

Samsung SDI and GM agree US EV battery gigafactory deal

Samsung's battery division, Samsung SDI, and General Motors, have completed a deal, worth $3.5bn, to create an EV battery gigafactory in the US state of Indiana. The factory, which will begin production in 2027, will...

Samsung shows off new solid state EV battery, with over 600 miles range

Samsung SDI, provider of electric vehicle batteries to OEMs such as Stellantis, Rivian, and BMW Group, have unveiled a new solid state battery in development for EVs. This battery pack, with double the energy density...

General Motors and Samsung SDI join forces to invest $3 billion in a new US Battery Cell Plant

General Motors (GM) and South Korea's Samsung SDI have announced a new joint venture to build a $3bn electric vehicle (EV) battery cell plant in the US. The plant is set to initiate operations in...