Samsung SDI to supply cylinder batteries to General Motors

Business Korea reports that according to its industry and government sources, Samsung SDI and the Ulsan city officials are in talks regarding the expansion of the company's Ulsan plant with an LFP battery production line. If these talks lead to actual construction, this will be the first lithium iron phosphate (LFP) battery production facility in South Korea. This type of battery is less efficient than the NMC one...

21 August 2023

General Motors has updated the Chevrolet Blazer EV by increasing them with around USD 9,000 as follows: Chevrolet Blazer 2LT - MSRP USD 56,715; available fall 2023 Chevrolet Blazer 2LT AWD/RWD - MSRP USD 60,125 / USD 61,790; available summer 2023 The Chevrolet Blazer 1LT trim has been obviously put off as it is now not available on the Chevrolet website. Moreover, the top Chevrolet Blazer SS trim does not have a...

2 August 2023

Today, GM Chair and CEO Mary Barra announced during the company’s quarterly earnings conference call that Chevrolet will introduce a next-generation Bolt, continuing to deliver what customers have come to expect: great affordability, range, and technology. Drawing on various Ultium and Ultifi technological advancements will help GM bring this popular model back to the market on an accelerated timeline. Timing and...

25 July 2023

Stellantis and Samsung SDI announced that they have signed a memorandum of understanding to establish a second battery manufacturing facility in the United States, under the existing StarPlus Energy joint venture. Targeted to start production in 2027, the plant aims to have an initial annual production capacity of 34 gigawatt hours (GWh). In May 2022, Stellantis and Samsung SDI announced their commitment to build a...

25 July 2023

The Elec reports that Samsung SDI plans to expand the production of batteries in its Goed, Hungary gigafactory and include the production of 46210 cells. According to the media sources, it is BMW who requested such cells from Samsung SDI. Meanwhile, BMW is building an EV factory in Debrecen, which is a 3-hour drive from Goed. The expansion will require an investment of 500 billion won for two production lines with...

11 July 2023

General Motors and Element 25 announced today an agreement for Element 25 to supply up to 32,500 metric tons of manganese sulfate annually to support the annual production of more than 1 million GM EVs in North America. Under the agreement, GM will provide Element 25 with a US$85 million loan to partially fund the construction of a new facility in the state of Louisiana for the production of battery-grade manganese...

28 June 2023

General Motors will include as standard five active safety features in all of its MY2023 EVs. This encompasses every new EV launching this year, including the family-oriented Chevrolet Blazer EV and Equinox EV. These include Automatic Emergency Braking, Forward Collision Alert, Front Pedestrian Braking, Lane Keep Assist with Lane Departure Warning, and IntelliBeam auto high-beam control. The Cadillac LYRIQ provides...

3 June 2023

Cadillac Escalade IQ is the name of the first all-electric Escalade. This has been revealed today by GM with a promise for a full model reveal "later this year". This model will joint the LYRIQ and CELESTIQ as Cadillac continues to build its all-electric portfolio. The Escalade IQ will enjoy the same commitment to craftsmanship, technology and performance that have been a part of the Escalade brand for the past 20...

22 May 2023

Samsung Electro-Mechanics announced on the 16th that it has succeeded in realizing the industry's highest capacity in terms of high-pressure MLCC applicable to electric vehicles and has started market targeting by expanding its line-up for high-end level automotive electronic components. The MLCCs developed this time are products that have the characteristics of 250V class 33nF (nanofarad) with low capacitance...

17 May 2023

SNE Research reported that the global EV battery market has recorded a 38.6% YoY growth in Q1 of 2023. The total amount of energy held by batteries for pure EVs, PHEVs, and HEVs was around 133 GWh. CATL remains the top market player with a growth rate of 35.9% and 35% market share. BYD experienced a staggering growth in the Q1 of 115.5% but ranks second in market share with 16.2%. LGES is third with a growth rate of...

5 May 2023

General Motors and Samsung SDI announced today they plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States that is targeted to begin operations in 2026. The plant will have more than 30 GWh of capacity and will bring GM's total U.S. battery cell capacity to about 160 GWh when it is at full production. The companies plan to jointly operate the facility, and it is...

25 April 2023

GMC has released new specifications for the 2023 HUMMER EV Pickup and the 2024 GMC HUMMER EV SUV, including the 3X trim for both models of the supertruck. They are built at GM’s Factory ZERO Detroit-Hamtramck Assembly Center, where the GMC Sierra EV Denali Edition 1 will also be built. The 2023 GMC HUMMER EV Pickup brings with it the continuation of the all-inclusive Edition 1 trim and the debut of the 3X trim...

22 April 2023

General Motors and its dealers delivered 603,208 vehicles in the U.S., up 18%, in the first quarter of 2023, growing market share by an estimated 1.5 points, the largest of any automaker. GM delivered a strong start to the year with sales of more than 20,000 EVs as it scales production of vehicles on the Ultium Platform, and expanded truck leadership with launches of new HD and midsize pickup trucks. GM is on track...

4 April 2023

Stellantis and Samsung SDI marked a milestone today in the construction of their joint venture electric-vehicle battery manufacturing facility in Kokomo, Indiana, with the raising of the first piece of steel that will form the structure of the new gigafactory. The two companies announced the formation of the joint venture in May 2022, committing to invest more than $2.5 billion (€2.3 billion) and create 1,400 new...

23 March 2023