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Samsung SDI secures $1 billion ESS battery deal with US firm
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Updated 2h ago |
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On March 16, South Korea's largest EV and energy storage system manufacturer announced it has signed a major contract to supply prismatic batteries worth approximately one trillion dollars (US$350 million) for an American company based near Detroit.
Key Points
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1Samsung SDI has secured a new contract to supply energy storage system batteries worth $1 billion in the United States.
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2The agreement involves Samsung's Michigan-based subsidiary, which will provide prismatic ESS units for U.S. customers as part of its global market expansion strategy.
Developments
Mar 16, 02:07
Samsung SDI secured a $1 billion contract to supply energy storage system batteries in the United States through its Michigan-based subsidiary.
Perspectives
Samsung SDI has secured a large-scale contract to supply energy storage system batteries in the United States, accelerating its expansion into this fast-growing global market.
— [Mar 16, 02:07] Samsung SDI lands $ bil. ESS battery deal in US (Feed.koreatimes.co.kr)Samsung SDi announced it has clinched an agreement with a U.S.-based energy company to supply prismatic batteries for energy storage systems worth approximately one billion dollars.
— [Mar 15, 23:40] Samsung SDI Co. said Monday (En.yonhap.co.kr)