Samsung SDI, KG Mobility form alliance for cylindrical battery pack for future EVs: Report

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Samsung SDI and KG Mobility entered into a strategic alliance to create cylindrical battery packs for future electric vehicles. This partnership aims to help both companies gain a strong position in the growing market for advanced electric cars.

As per a report by Pulse, the English service of Maeil Business News Korea, the two companies signed a formal agreement on Monday in Seoul to work together on these new technologies.

The collaboration goes beyond a simple buyer and seller arrangement. Samsung SDI and KG Mobility will now work as strategic…



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Samsung SDI, KG Mobility form alliance for cylindrical battery pack for future EVs: Report



Samsung SDI and KG Mobility entered into a strategic alliance to create cylindrical battery packs for future electric vehicles. This partnership aims to help both companies gain a strong position in the growing market for advanced electric cars.

As per a report by Pulse, the English service of Maeil Business News Korea, the two companies signed a formal agreement on Monday in Seoul to work together on these new technologies.

The collaboration goes beyond a simple buyer and seller arrangement. Samsung SDI and KG Mobility will now work as strategic…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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