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Samsung Wins $1.4 Billion US Contract to Supply LFP Batteries

Samsung Wins $1.4 Billion US Contract to Supply LFP Batteries

by Binay Konwar | Dec 10, 2025 | News

Samsung SDI has recently secured a major deal worth KRW 2 trillion (approx. $1.4 billion) with a US customer. The company will provide lithium iron phosphate (LFP) battery cells for energy storage systems (ESS) across North America. The firm will start supplying the...
Samsung and Mercedes to Meet in Seoul Next Week to Talk What’s Next

Samsung and Mercedes to Meet in Seoul Next Week to Talk What’s Next

by Abhinav Anand | Nov 7, 2025 | News

In what might open the door to deeper collaboration, Samsung chairman Jay Y Lee and Mercedes-Benz CEO Ola Källenius will meet in Seoul next week. The two are expected to explore new partnerships in EV batteries, chips, and display technology. These are some key areas...
Tesla May Tap Samsung SDI for Massive Energy Storage Battery Supply

Tesla May Tap Samsung SDI for Massive Energy Storage Battery Supply

by Abhinav Anand | Nov 4, 2025 | News

Samsung might be gearing up for another big deal with Tesla, and this time that could be on the battery front. Reports coming out of Korea say Samsung SDI, the company’s battery division, is in talks to supply Tesla with lithium iron phosphate (LFP) batteries for its...
Samsung Wins $1.4 Billion US Contract to Supply LFP Batteries

Samsung and BMW Team Up to Advance All-Solid-State Battery Technology

by Binay Konwar | Oct 31, 2025 | News

Samsung SDI has signed a trilateral agreement with BMW Group and Solid Power. They will collaborate on an all-solid-state battery validation project (ASSB), aiming to establish global value chains for ASSB batteries across materials, cells, and automobiles. Samsung...
Samsung Wins $1.4 Billion US Contract to Supply LFP Batteries

Samsung SDI Battery-Powered EV Sets New Guinness World Record

by Binay Konwar | Aug 7, 2025 | News

Samsung has a solid presence in the battery manufacturing segment through its subsidiary Samsung SDI. The company recently announced that an electric vehicle powered by its 21700 cylindrical batteries has set a new Guinness World Record. This is for the longest...
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