Samsung and GM Finalize Deal for EV Batteries Amid EV Manufacture Onshoring Effort
The latest in the field came from the South Korean battery manufacturer Samsung SDI, which announced that it finalized an agreement with the US automaker General Motors (GM) on Wednesday August 28. Under the agreement, the companies are establishing an…
Samsung Signs Contract To Supply Camera Modules To US EV Company
Samsung Electro-Mechanics Co. has signed a contract to supply camera modules for vehicles to the US electric vehicle company. The company is believed to be Tesla. Following Samsung Electronics Co.’s consignment production of chips for Tesla’s autonomous driving vehicles, Samsung Electro-Mechanics has even…
Stellantis To Partner With Samsung For Second EV Battery Factory In U.S.
Stellantis, the parent company of Chrysler and Jeep, said on Monday it was partnering with Samsung to build a second electric vehicle battery manufacturing plant in the United States. The company said the site for the second plant was “currently under review”…
GM, Samsung EV Battery Cell Plant To Be Built In Indiana
General Motors Co. and partner Samsung SDI are planning to build a more than $3 billion electric vehicle battery cell plant in New Carlisle, Indiana, according to a Tuesday press release from Indiana Gov. Eric Holcomb’s office. The plant, to be…