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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
