Samsung SDI to supply EV batteries to Hyundai Motor starting 2026

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Samsung SDI to supply EV batteries to Hyundai Motor starting 2026
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Samsung SDI to supply EV batteries to Hyundai Motor starting 2026

© Reuters. FILE PHOTO: A general view of the Samsung SDI battery factory in God, Hungary, December 12, 2022. REUTERS/Marton Monus) with electric vehicle batteries for seven years starting 2026, marking the first battery supply deal between the two companies.

"The latest supply deal marks the first ever partnership between Samsung and Hyundai Motor Group in the field of electric vehicle batteries," Samsung SDI said in a statement.) among others, added that it will supply prismatic batteries manufactured at its factory in Hungary for Hyundai Motor's EVs targeting the European market from 2026 through 2032.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.

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