Samsung SDI India EV Strategy | Samsung SDI’s Plans for E-Mobility – EV Next
Samsung SDI’s Plans for E-Mobility – EV Next
This post is a part of EV Next’s EV Perspectives.
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Introduction
Samsung SDI is the chemical division of the Samsung group and is the 3rd largest manufacturer of Li-ion batteries in the world.
Company Profile
Samsung was founded by Lee Byung-chul in 1938 as a trading company. Over the next three decades, the group diversified into areas including food processing, textiles, insurance, securities, and retail. Samsung entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s; these areas would drive its subsequent growth. Samsung SDL is a part of the Samsung group providing total solution for material and energy. The company has a battery division situated in Delhi, India.
Product Profile
EV related Product offerings and details
- Battery Cells
- Battery modules
- Battery packs
Battery Cells: Prismatic Lithium-ion Battery Cell (94Ah & 60Ah)
Battery Pack: for PHEVs, HEVs and BEVS
Future Plans
- The company is planning to invest INR 2,500 Cr ($360 Mn) to transform its India operations into a hub for components business.
Partnerships
- Has a partnership with Mahindra electric and Bosch to supply Li-ion batteries to the OEM operating from 2011.
Global Work
- BMW and Samsung SDI first teamed up to develop electric vehicles in 2009
- Samsung SDI had started mass production of lithium-ion battery for electric cars in its plant in Ulsan in South Korea in 2013
- Glencore of London signed a five-year deal to supply battery maker Samsung SDI with up to 21,000 tonnes of cobalt, in January 2020.
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Categories: E-mobility, Electric Vehicles, EV Batteries Strategy, Indian E-mobility Strategy
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About EAI & EV Next
EV Next, EAI's specialized consulting division, provides assistance in market research, strategy consulting, technology vendor/supplier finder assistance and more for the complete EV value chain - Li-ion & Lead Acid Battery Cells & Battery Packs, BMS, Battery Manufacturing equipment, EV charging station, battery swapping station, Li-ion & Lead Acid battery recycling, and for a range of electric vehicles - e-bikes, electric bicycles, electric scooters, electric motorbikes, electric autos, e-autos, e-rickshaws, electric trucks, electric LCVs, electric buses and more. Send a note to consult@eai.in if you wish to take EV Next assistance for the Indian electric vehicle market.