Samsung SDI
First-Ever Collaboration: Samsung SDI’s EV Battery Deal with Hyundai, Starting 2026
October 23, 2023 – Samsung SDI, a South Korean battery manufacturer, announced on Monday that it will commence supplying electric vehicle (EV) batteries to Hyundai Motor starting in 2026, in a seven-year agreement marking the first-ever battery supply deal between the two companies. In a statement, Samsung SDI stated, “This latest supply agreement signifies the…