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LG Chem and Samsung SDI Outpace Global EV Battery Makers …Survey

LG Chem and Samsung SDI Outpace Global EV Battery Makers …Survey

SEOUL, Dec. 7 (Korea Bizwire) – South Korea’s leading chemicals and electric vehicle battery maker LG Chem Co. and its local rival Samsung SDI Co. have outpaced global players in terms of strategy and execution in the electric vehicle (EV) battery industry, a report showed Monday. In a survey on eight EV battery manufacturers, LG [...]

S. Korean EV Battery Makers Set to Bask in Volkswagen Scam

S. Korean EV Battery Makers Set to Bask in Volkswagen Scam

SEOUL, Sept. 30 (Korea Bizwire) — Volkswagen’s diesel emission scandal is showing no signs of a letup, even whacking other automakers, but there is one bright point: electric vehicle (EV) battery makers. South Korean EV battery makers led by LG Chem Ltd. are poised to benefit from the diesel emission fiasco as demand for vehicles [...]

Bentley’s First Plug-in Hybrid to Use Samsung SDI Battery

Bentley’s First Plug-in Hybrid to Use Samsung SDI Battery

SEOUL, Sept. 16 (Korea Bizwire) – Samsung SDI Co., the battery-making unit of South Korea’s Samsung Group, will sell its plug-in hybrid vehicle batteries to British luxury automaker Bentley, industry sources said Wednesday, expanding its overseas portfolio in the mid-sized battery business for electric cars. The Bentley Bentayga, its first-ever plug-in hybrid Sport Utility Vehicle [...]

Samsung SDI to Show off Battery Technologies at Frankfurt Motor Show

Samsung SDI to Show off Battery Technologies at Frankfurt Motor Show

SEOUL, Sept. 15 (Korea Bizwire) – Samsung SDI, the battery-making unit of Samsung Group, will expand its foothold in the electronic vehicle (EV) market in Europe by participating in the Frankfurt Motor Show that kicked off today. Samsung SDI announced that it joined the 2015 International Motor Show (IAA) in Frankfurt as a supplier of batteries for [...]

Samsung SDI to Team up with Audi to Develop Battery for Electric SUV

Samsung SDI to Team up with Audi to Develop Battery for Electric SUV

SEOUL, Aug. 13 (Korea Bizwire) – Samsung SDI Co., the battery-making unit of South Korea’s Samsung Group, said Thursday it will work with Audi AG to produce the power pack for the German automaker’s new electric-powered sport utility vehicle (SUV), as it moves to expand into the automotive business. The two companies have signed a [...]

Korean Players Outpace Global Rivals in ESS Battery Industry

Korean Players Outpace Global Rivals in ESS Battery Industry

SEOUL, July 6 (Korea Bizwire) — South Korea’s LG Chem and Samsung SDI have outpaced global rivals in terms of strategy and execution in the energy storage system (ESS) battery industry, a report showed Monday. LG Chem led the corporate assessment in the ESS segment with a total score of 84, trailed by Samsung SDI with 83.5, [...]