Samsung SDI will supply batteries for the Rivian R1T and Rivian R1S

In April 2023, GM and Samsung SDI announced their joint venture will invest more than $3 billion to build a new battery cell manufacturing plant in the United States for the production of both prismatic and cylindrical batteries. However, the latest information coming from the project is that the 4680 cylindrical batteries will be excluded for now and the plant will focus on prismatic cells only. The companies have...

29 August 2024

Rivian introduced today a trio of new models based on its new midsize platform, which consolidates and eliminates parts thanks to intelligent design, including the use of high-pressure die castings, a structural battery unit where the top of the pack also serves as the floor, and closure systems that dramatically reduce complexity. All three models will share basic features such as: Three motor variants - based on...

8 March 2024

Samsung SDI announced it has struck a supply deal for electric vehicle batteries with Hyundai Motor for the first time. More specifically, it will supply prismatic batteries for Hyundai Motor's electric vehicles targeting the European market for seven years from 2026 through 2032. The batteries to be supplied for Hyundai Motor will be the sixth edition of Samsung SDI’s prismatic battery, named as "P6." P6 features a...

24 October 2023

Samsung SDI and Stellantis announced that Kokomo, Indiana, will be the site for a second battery manufacturing facility in the United States as part of the StarPlus Energy joint venture. The new StarPlus Energy plant is expected to begin production in early 2027 with an annual capacity of 34 gigawatt hours (GWh). This will be the second StarPlus Energy gigafactory in Kokomo. Construction is already underway on the...

17 October 2023

Rivian announced that the Rivian R1S with the Max pack battery is now configurable in both Dual-Motor AWD and Performance Dual-Motor AWD configurations. With an EPA-estimated 400 miles (643 kilometers) of range, around 665 horsepower, 829 pound-feet of torque, and capable of 0-60 mph in 3.5 seconds - the R1S with Max pack is designed to take you further, so you can go wherever the adventure leads you. Deliveries...

4 October 2023

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

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

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

Rivian announced production totals for the quarter ending March 31, 2023. The company produced 9,395 vehicles at its manufacturing facility in Normal, Illinois, and delivered 7,946 vehicles during the same period. These figures remain in line with the company’s expectations, and it believes it is on track to deliver on the 50,000 annual production guidance previously provided. The company also announced that on May...

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

According to The Elec, Samsung SDI will supply cylinder batteries for EVs to General Motors. For the purpose, the two companies will establish a joint venture that will build a battery factory with an annual capacity of 30GWh. So far, GM has been using pouch batteries from LG Energy Solution but last month it said it considers all types of cells. Samsung SDI has already announced its plans to invest 40 trillion won...

8 March 2023

According to SNE Reasearch, the global battery usage for 2022 has been 518GWh - a 517.9% growth YoY. For this year, the research agency expects 749 GWh of batteries to be deployed in EVs, PHEVs, and HEVs. Being a South Korean company, SNE Research pays special attention to the three local companies that are major players in the EV battery market - Samsung SDI, SK On, and LG Energy Solution. Their production is...

8 February 2023

Beginning in early 2023, Rivian R1T and Rivian R1S will be available to reserve in three All-Wheel Drive (AWD) configurations: Dual-Motor, Enhanced Dual-Motor, and Quad-Motor. All three systems deliver instant torque and precise control, with exceptional driving dynamics both on-road and way off. Currently only the Dual-Motor and Quad-Motor versions with various battery packs are listed on the design studio online...

5 February 2023