According to BusinessKorea reports, Samsung SDI is in talks with a number of automakers on the 2027 mass production of all-solid-state batteries.
▲ Source Samsung SDI official website
Sohn Michael, vice president of Samsung SDI’s mid- and large-sized battery division and head of its strategic marketing team, said on a recent second-quarter earnings call, “We can’t disclose the names of our customers, but we’re currently in talks with several automakers about a 2027 mass production plan.”
Samsung SDI also mentioned the development of LFP (lithium-iron-phosphate) batteries for low-to-mid-priced cars, with Sohn Michael stating, “As part of the vehicle electrification strategy, automakers are launching a variety of electric vehicle models by segment, including premium models, just like conventional fuel vehicles. As a result, automotive batteries also need to be segmented to address a variety of platforms. We are actively promoting the development of NMX (nickel manganese oxide) and LFP batteries to expand sales and expand the entry market.”
Sohn Michael also said that Samsung SDI will not abandon its premium strategy, but is also looking to achieve a broader portfolio by developing premium NCA (nickel-cobalt-aluminum) and premium quality all-solid-state batteries, as well as entry-level NMX and LFP technologies.
European automaker Stellantis and Samsung SDI have plans to open a second joint venture plant in the US, with the goal of starting production of EV batteries in 2027 with an initial capacity of 34GWh.