Samsung SDI considers building battery cell plant in US

Expansion mode: A Samsung Digital Plaza store in Seoul. The company is looking at building a battery cell plant in the United States. — Reuters

SEOUL: South Korea’s Samsung SDI Co may build a battery cell plant in the United States to support the auto industry’s shift to electrification, a company source with close knowledge of the matter told Reuters yesterday.

Samsung SDI, an affiliate of Samsung Electronics, has been in talks with automakers including Stellantis, Amazon and Ford Motor-backed electric vehicle startup Rivian to supply batteries manufactured at its potential US factory, the source said.