GM and Samsung SDI slow construction on their $3.5B Indiana EV battery plant, leading to layoffs as the automaker rethinks its strategy amid a shifting market.

The Southfield, Michigan-based general contractor left open the possibility for workers to return if activity onsite ramps ...

Samsung SDI is reportedly set to supply Tesla with lithium-iron phosphate batteries for its Megapack and Powerwall energy ...

Samsung SDI is close to a multi-year deal to supply Tesla with LFP battery cells worth 3 trillion won from 2026. The ...

Seoul: South Korean battery maker Samsung SDI Co. is in talks with Tesla Inc. over the supply of energy storage system (ESS) ...

Samsung SDI is reportedly in final talks with Tesla to supply around 3 trillion won ($2.1 billion) worth of energy storage ...

General Motors Co. and Samsung SDI have pulled back on construction of a massive electric vehicle battery plant near New Carlisle, Indiana, with a number of workers on the site laid off earlier this ...

South Korean electric vehicle (EV) battery manufacturer Samsung SDI Company announced that it has joined forces with BMW ...

Korean battery makers shift North American plants from EV to ESS production North American power demand surges with ai ...

Samsung SDI is nearing a major deal with Tesla for energy storage system battery cells. This agreement is valued at ...

Samsung SDI is teaming up with BMW and US-based Solid Power (NASDAQ: SLDP) to commercialize all-solid-state EV batteries. BMW and Solid Power have been working together to develop the next-gen battery ...

Shares of Solid Power rose after the company agreed to collaborate with Samsung SDI and BMW to develop a vehicle powered by all-solid-state battery technology. The stock rose 18% to $6.29 and has more ...