Samsung SDI, a South Korean battery maker, has finalized an agreement with General Motors (GM) to build a joint electric vehicle (EV) battery factory in Indiana, USA. The two companies announced ...

Audi's fully electric SUV with a range of over 311-miles will have battery cells sourced from LG Chem and Samsung SDI. The suppliers will invest in Europe to make the components for the vehicle there.

Samsung SDI America Inc. plans to lay off 179 workers in Auburn Hills, home to its automotive battery headquarters, where the manufacturer has committed more than $100 million in recent years.

Samsung SDI, a South Korean battery manufacturer, reported on Jan. 24 that its fourth-quarter revenue for 2024 totaled 3.7545 ...

Samsung SDI, a South Korean battery maker, said on Friday it swung to a net loss in the fourth quarter from a year earlier due to a slowdown in electric vehicle (EV) sales. In the three months ...

Samsung SDI added, "We will not reduce investment in the North American GM joint venture or the development of solid-state batteries, and we will proceed without delays in the planned schedule." ...

WASHINGTON (Reuters) - The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric ...