by Binay Konwar | May 14, 2026 | News
Samsung SDI is seeing losses in its battery business, mainly because of sluggish demand for electric vehicles (EVs). Amid this, the company has now hit a setback in its joint venture with General Motors (GM) on a $3.5 billion battery project. The project has...
by Binay Konwar | Apr 29, 2026 | News
Samsung SDI could soon secure a new client in the data center market. The company reportedly is in final talks with Amazon Web Services (AWS) to supply battery systems for data center operations. This could help speed up the Korean battery maker’s earnings...
by Abhinav Anand | Apr 20, 2026 | News
Last week, reports emerged that Samsung SDI was finalizing a deal with Mercedes-Benz to supply batteries for the latter’s electric vehicles. Today, the partnership is official. Samsung SDI and Mercedes-Benz have now signed a multi-year agreement to supply EV...
by Binay Konwar | Apr 16, 2026 | News
Samsung SDI could secure a big deal to supply its electric vehicle (EV) batteries to Mercedes-Benz. The two companies have reportedly reached the final stages of discussions. If it pans out, the batteries will likely power the EV maker’s upcoming 2028 models....
by Abhinav Anand | Mar 11, 2026 | News
Samsung SDI is looking beyond electric vehicles as it prepares for slower growth in the EV battery market. The company says new opportunities in energy storage systems, robotics, and urban air mobility could become major drivers for the battery industry in the coming...