Samsung SDI will supply battery cells and modules to Akasol for two global commercial vehicle manufacturers

25 September 2019, 17:49:44

Samsung SDI will supply battery cells and modules to Akasol for two global commercial vehicle manufacturersSamsung SDI and Akasol have signed an agreement for the supply of battery cells and modules that will be used in Akasol batteries for two leading global commercial vehicle manufacturers. Under this agreement, for the next 7 years (2020-2027) Samsung SDI will supply to Akasol lithium-ion battery cells and modules with a total capacity of 13 GWh. The Korean giant already cooperates with Volvo after signing a strategic alliance with the company in July, which obliges it to provide battery cells and modules for electric trucks battery packs.

The extension of our partnership with Samsung SDI, a leading global high-tech company for lithium-ion battery cells, is an important milestone for securing our dynamic growth as a leading manufacturer of high-performance battery systems for commercial vehicles. In addition to Samsung's status as a technology leader, our decision to expand the relationship was determined by the competitive strength of their products and by an innovative technology road map for the coming years, which is consistent with our goal of technology independence in the production of high-performance battery systems," explained Sven Schulz, CEO of AKASOL AG.

Samsung SDI Executive Vice President Jeongwook (JW) Kim stated as follows: "We are very proud to be among the strategically vital suppliers for AKASOL's battery systems and we see this nomination as a challenge to continue to decisively shape our German partner's future innovations and developments with our extensive know-how in battery technology."Source

Related news

News related to Samsung, Akasol or Volvo

Volvo Cars to take full ownership of its Chinese manufacturing and sales operations

Expecting next year's full lift of the Chinese requirement for local operations to be done via JVs with Chinese companies, Volvo Cars announced it will take full ownership of its Chinese manufacturing and sales operations. Volvo Cars has signed an agreement with its parent Geely Holding to acquire Geely Holding's stake in the companies’ joint ventures in China, with the aim of taking full ownership of its car...

22 July 2021

2022 Volvo C40 Recharge enters the US market priced at USD 58,750 before tax credit

The 2022 Volvo C40 Recharge pure electric will start at an MSRP of $58,750 in the United States before tax credits. This newest addition to the Volvo electric line-up has all the benefits of an SUV but with a lower and sleeker design. It is the first Volvo model in the company's history designed as pure electric-only and the first to feature a leather-free interior. The C40 Recharge, along with the 2022 XC40...

21 July 2021

The Samsung ISOCELL Auto 4AC image sensor for automotive applications goes official

Samsung introduced the ISOCELL Auto 4AC, an automotive image sensor that offers advanced 120-decibel (dB) high dynamic range (HDR) and LED flicker mitigation (LFM) especially for surround-view monitors (SVM) or rear-view cameras (RVC) in high-definition resolution (1280 x 960). The new sensor is Samsung’s first imaging solution optimized for automotive applications. "The new ISOCELL Auto 4AC combines Samsung's...

14 July 2021

SNE Research: CATL ranks first in the global EV battery market for the first five months of 2021

According to SNE Research, CATL ranks first in the global EV battery market for the first five months of 2021. Its market share for January-May 2021 is 31.2% compared to 22% for January-May 2020. However, if we look at the GWh installed, the YoY growth reaches a staggering 272.1% from 7.4GWh in 2020 to 27.6GWh in 2021. LG Energy Solutions is second with 23.1% market share for January-May 2021 and a 166.7% growth in...

2 July 2021

Volvo Cars to focus on range and fast-charging for its next-generation EVs

Volvo Cars is bringing battery cell technology development and production closer to home and aims to tailor its future batteries to the needs of its customers: a longer range and faster charging times. It will do so by improving lithium-ion battery technology on its forthcoming second generation of electric cars, starting with the company’s first SUV on a completely new electric-only technology base. By the middle...

1 July 2021

Future Volvo EVs will run on Volvo's own operating system

Volvo takes software development in-house. The next generation of pure electric Volvo models, including the company’s first SUV on a completely new electric-only technology base, will run on Volvo Cars’ own operating system (OS), called VolvoCars.OS, for faster and more flexible development. Coupled with more frequent over-the-air updates to customer cars throughout their lifetime, the company’s aim is to make Volvo...

1 July 2021

The Volvo Concept Recharge is a manifesto for Volvo Cars' pure electric future

The Volvo Concept Recharge is a manifesto for the next generation of all-electric Volvos. They will all feature flat floors and improved internal space, as previewed in the Concept Recharge. The first of the next-generation Volvo EVs will be an SUV. The compact electric motor design and the placing of the battery under the flat floor result in an extended wheelbase and increase wheel size, shorter overhangs, and a...

1 July 2021

Samsung SDI will build an EV battery factory in the USA

A few days ago, TheElec reported about Samsung SDI's plans on investing 2 trillion won in developing its EV battery business, excluding the USA market. A decision about expanding to North America was yet to be made. Today, the same news outlet reports that this decision is a fact - Samsung SDI has decided to build an EV battery factory in the USA. This factory will be the first for Samsung SDI in the local market...

29 June 2021

Next generation pure electric Volvo comes with LiDAR technology and AI-driven super computer as standard

Volvo Cars' forthcoming fully electric flagship SUV will have industry-leading safety technology as standard, helping to save even more lives as the company sets a new benchmark for automotive safety. The fully electric successor to Volvo XC90 will be revealed in 2022 and will arrive with state-of-the-art sensors, including LiDAR technology developed by Luminar and an autonomous driving computer powered by the...

28 June 2021

Samsung SDI will spend up to 2 trillion won in its battery business this year

TheElec reports that Samsung SDI plans on spending up to 2 trillion won in its battery business this year. Compared to the 1.4 trillion won invested in 2020, this is a 42% increase. O the total investment for 2021, 1.5 trillion won will go to the EV battery and ESS business, while the rest will most probably be spent on the small battery business. Most of the money will be used for expanding the existing factories...

28 June 2021

The all-electric Polestar 3 SUV will be manufactured in the USA

Polestar announced today that the all-electric Polestar 3 SUV will be manufactured in the USA alongside new Volvo vehicles at the Volvo Cars production center in Ridgeville, South Carolina. Polestar vehicles built in South Carolina will be for sale in the United States. Polestar 3 will debut the new generation of electric vehicle architecture from Volvo Car Group, which has been designed from scratch for full...

16 June 2021

Samsung SDI is working on a larger cylindrical battery cell for EVs, will release Gen.5 EV batteries in 2021

During its shareholders' meeting today, Samsung SDI reported that it plans to increase automotive battery supply in the rapidly-growing European market, and enhance product competitiveness by releasing Gen.5 EV batteries this year. Using high-nickel NCA (nickel-cobalt-aluminum) cathode and silicon-based anode materials, Gen.5 batteries offer more than 20% higher energy density and cost reduction benefits. During the...

17 March 2021

Volvo Group Venture Capital AB has invested in a leading global EV charging software company

Volvo Group Venture Capital AB has invested in Driivz Ltd., a leading global EV charging software company which has developed a platform for managing large charging networks for electric vehicles from end-to-end. A joint pilot project between Volvo Trucks, the Volvo Group and Driivz is ongoing with the aim of developing and testing new and innovative charging services to meet the specific needs of electric truck...

17 March 2021

Volvo C40 Recharge unveiled with a 78 kWh battery and AWD

During its press event, Volvo Cars has once again expressed its commitment to becoming a manufacturer of full-electric cars by 2030 and to become fully CO2 neutral by 2040. It reserved the last five minutes of the presentation for announcing the Volvo C40 Recharge. Being the first model unveiled under the new strategy, it will also be the one that's exclusively sold online. Details were scarce. If we have to re-cite...

2 March 2021

EV Specifications

Complete specifications of EVs, grouped according to their brand and year

AudiBMWBytonChevroletDaciae.GOFIATFordHondaHyundaiJaguarKIAMazdaMercedes-BenzMGMININIONissanOpelPeugeotPolestarPorscheRenaultRivianSEATŠKODAsmartTeslaVolkswagenVolvo

Featured

Specifications of some of the most interesting and anticipated EVs.

2022 KIA EV6

2022 KIA EV6 Extended Range 4WD GT

Length: 184.8 in / 4695 mm
Height: 61.0 in / 1550 mm
Location: Rear
Location: Front
Battery: 77.4 kWh, Voltage: 697 V

2022 KIA EV6

2022 KIA EV6 Extended Range 4WD GT-Line S

Length: 184.8 in / 4695 mm
Height: 61.0 in / 1550 mm
Curb weight: 4530.5 lb / 2055 kg
Electric motor #1: 165 kW @ 4500 - 7700 rpm, 350 Nm @ 4500 - 7700 rpm, Location: Rear
Electric motor #2: 74 kW @ 4500 - 7700 rpm, 255 Nm @ 4500 - 7700 rpm, Location: Front
Battery: 77.4 kWh, Voltage: 697 V

2022 KIA EV6

2022 KIA EV6 Extended Range 4WD GT-Line

Length: 184.8 in / 4695 mm
Height: 61.0 in / 1550 mm
Curb weight: 4497.43 lb / 2040 kg
Electric motor #1: 165 kW @ 4500 - 7700 rpm, 350 Nm @ 4500 - 7700 rpm, Location: Rear
Electric motor #2: 74 kW @ 4500 - 7700 rpm, 255 Nm @ 4500 - 7700 rpm, Location: Front
Battery: 77.4 kWh, Voltage: 697 V

2022 BMW iX xDrive50

2022 BMW iX xDrive50

Doors: 5, Seats: 5
Length: 195.0 in / 4953 mm
Width: 77.4 in / 1967 mm
Height: 66.8 in / 1696 mm
Curb weight: 5379.28 lb / 2440 kg
Electric motor #1: 250 kW, 400 Nm, Location: Rear
Electric motor #2: 200 kW, 352 Nm, Location: Front
Battery: 111.5 kWh, Voltage: 330.3 V

2022 BMW i4 M50

2022 BMW i4 M50

Doors: 5, Seats: 5
Length: 188.3 in / 4783 mm
Width: 72.9 in / 1852 mm
Height: 57.0 in / 1448 mm
Curb weight: 5048.59 lb / 2290 kg
Electric motor #1: 230 kW @ 8000 - 17000 rpm, Location: Rear
Electric motor #2: 190 kW @ 8000 - 17000 rpm, Location: Front
Battery: 83.9 kWh, Voltage: 398.5 V

2022 Hyundai IONIQ 5

2022 Hyundai IONIQ 5 Long Range AWD

Doors: 5, Seats: 5
Length: 182.5 in / 4635 mm
Width: 74.4 in / 1890 mm
Height: 63.2 in / 1605 mm
Location: Rear
Location: Front
Battery: 72.6 kWh, Voltage: 800 V

2022 Hyundai IONIQ 5

2022 Hyundai IONIQ 5 Long Range RWD

Doors: 5, Seats: 5
Length: 182.5 in / 4635 mm
Width: 74.4 in / 1890 mm
Height: 63.2 in / 1605 mm
Electric motor: 160 kW, 350 Nm, Location: Rear
Battery: 72.6 kWh, Voltage: 800 V

2022 Chevrolet Bolt EUV

2022 Chevrolet Bolt EUV Launch Edition

Doors: 5, Seats: 5
Length: 169.5 in / 4305 mm
Width: 69.7 in / 1770 mm
Height: 63.6 in / 1616 mm
Curb weight: 3679.52 lb / 1669 kg
Electric motor: 150 kW, 360 Nm, Location: Front
Battery: 65 kWh, Voltage: 350 V

2022 Chevrolet Bolt EUV

2022 Chevrolet Bolt EUV Premier

Doors: 5, Seats: 5
Length: 169.5 in / 4305 mm
Width: 69.7 in / 1770 mm
Height: 63.6 in / 1616 mm
Curb weight: 3679.52 lb / 1669 kg
Electric motor: 150 kW, 360 Nm, Location: Front
Battery: 65 kWh, Voltage: 350 V

2022 Chevrolet Bolt EV

2022 Chevrolet Bolt EV Launch Edition

Doors: 5, Seats: 5
Length: 163.2 in / 4145 mm
Width: 69.5 in / 1765 mm
Height: 63.4 in / 1611 mm
Curb weight: 3589.13 lb / 1628 kg
Electric motor: 150 kW, 360 Nm, Location: Front
Battery: 65 kWh, Voltage: 350 V

2022 Chevrolet Bolt EV

2022 Chevrolet Bolt EV 2LT

Doors: 5, Seats: 5
Length: 163.2 in / 4145 mm
Width: 69.5 in / 1765 mm
Height: 63.4 in / 1611 mm
Curb weight: 3589.13 lb / 1628 kg
Electric motor: 150 kW, 360 Nm, Location: Front
Battery: 65 kWh, Voltage: 350 V

2021 Volkswagen ID.3

2021 Volkswagen ID.3 Pro S Tour

Doors: 5, Seats: 4
Length: 167.8 in / 4261 mm
Width: 71.2 in / 1809 mm
Height: 61.7 in / 1568 mm
Curb weight: 4263.74 lb / 1934 kg
Electric motor: 110 kW, 310 Nm, Location: Rear
Battery: 45 kWh, Voltage: 408 V

2021 Volkswagen ID.3

2021 Volkswagen ID.3 Pro Performance Max

Doors: 5, Seats: 5
Length: 167.8 in / 4261 mm
Width: 71.2 in / 1809 mm
Height: 61.7 in / 1568 mm
Curb weight: 3979.34 lb / 1805 kg
Electric motor: 150 kW, 310 Nm, Location: Rear
Battery: 58 kWh, Voltage: 408 V

2021 Opel Mokka-e

2021 Opel Mokka-e Launch Edition

Doors: 5, Seats: 5
Length: 163.4 in / 4151 mm
Width: 70.5 in / 1791 mm
Height: 60.3 in / 1532 mm
Electric motor: 100 kW, 260 Nm, Location: Front
Battery: 50 kWh

2021 Hyundai KONA Electric

2021 Hyundai KONA Electric Ultimate 64 kWh

Doors: 4, Seats: 5
Length: 164.6 in / 4180 mm
Width: 70.9 in / 1800 mm
Height: 61.2 in / 1555 mm
Curb weight: 3836.04 lb / 1740 kg
Electric motor: 150 kW @ 3600 rpm, 395 Nm, Location: Front
Battery: 64 kWh, Voltage: 356 V

2021 Tesla Model 3

2021 Tesla Model 3 Performance AWD

Doors: 4, Seats: 5
Length: 184.8 in / 4694 mm
Width: 72.8 in / 1849 mm
Height: 56.8 in / 1443 mm
Curb weight: 4100.6 lb / 1860 kg
Electric motor #1: 211 kW, Location: Rear
Electric motor #2: 147 kW, Location: Front
Battery: 79.5 kWh, Voltage: 360 V

2021 Tesla Model 3

2021 Tesla Model 3 Long Range AWD

Doors: 4, Seats: 5
Length: 184.8 in / 4694 mm
Width: 72.8 in / 1849 mm
Height: 56.8 in / 1443 mm
Curb weight: 4071.94 lb / 1847 kg
Electric motor #1: 188 kW, Location: Rear
Electric motor #2: 147 kW, Location: Front
Battery: 79.5 kWh, Voltage: 360 V

2021 Tesla Model Y

2021 Tesla Model Y Performance AWD

Doors: 4, Seats: 5 / 7
Length: 187.0 in / 4751 mm
Width: 75.6 in / 1921 mm
Height: 63.9 in / 1624 mm
Curb weight: 4415.86 lb / 2003 kg
Location: Rear
Location: Front
Battery: 74 kWh