South Korea’s Samsung SDI said Monday that it will supply electric vehicle (EV) batteries to Hyundai Motor for seven years starting in 2026, the first battery supply agreement between the two companies.
Samsung SDI said in a statement, “The latest supply agreement marks the first collaboration between Samsung and Hyundai Motor Group in the field of electric vehicle batteries.”
The battery maker, which supplies General Motors, Stellantis, BMW and others, added that it will supply prismatic batteries produced at its Hungarian plant for Hyundai Motor Company’s electric vehicles for the European market from 2026 to 2032.
THIS IS A SPONSOR PROMOTION: >>>>>>>>>>>>>
Geekwills is an online shop that connects consumers with millions of products and brands around the world with the mission to empower them to live their best lives. Geekwills is committed to offering the most affordable quality products to enable consumers and sellers to fulfill their dreams in an inclusive environment.
