Samsung SDI & Hyundai EV Battery Deal

Samsung SDI Corporation is a battery and electronics hardware manufacturer that specializes in energy solutions and electronic component production. The company is a subsidiary of Samsung Group, with its headquarters in Yongin, South Korea.

According to recent reports, Samsung SDI has entered into a partnership with Hyundai Motor Company to aid the supply of electric vehicle batteries for the company’s European market. This deal will reportedly increase the supply of prismatic batteries to Hyundai’s production plants in Europe.