Samsung and Hyundai’s first battery deal targets European market

Hyundai Kona EV parked next to full length window, with the car reflected in the window

Samsung SDI will supply Hyundai Motor with high nickel electric vehicle (EV) batteries for seven years starting from 2026, the first ever partnership in the EV space between the two South Korean companies. The prismatic battery cells will be made at Samsung’s factory in Hungary, forecast to supply 16.9% of Europe’s total cell supply in […]

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