Jul 28, 2021 05:48 PM (GMT+8) · EqualOcean
On Tuesday, son Michael, senior vice president of Samsung SDI, confirmed that the company would set up a battery production plant in the United States. He added that the company is preparing to establish partnerships with a number of carmakers, including electric trucks and delivery vehicle start-up rivian. At present, it is preparing to launch gen5 batteries on the new production line of the Hungarian factory. From the third quarter, gen5 batteries will be supplied to BMW. It is expected that these batteries will help to improve the company's revenue from the fourth quarter.