Samsung SDI announced Tuesday it will acquire General Motors' 49.99% stake in their $3.5 billion Indiana battery joint venture, dissolving a partnership that was once the centerpiece of Detroit's ...

In the years before President Trump returned to the Oval Office, a wave of US automakers announced ambitious joint venture battery plants with major cell suppliers, partly thanks to President Biden's ...

Paul Choi, AOP CEO, said, "Samsung SDI's U.S.-made ESS will play an important role in our continued growth," adding, "This ...

Samsung SDI has secured a 1-gigawatt-hour energy storage system supply deal with US power developer Alpha Omega Power, ...

South Korean manufacturer’s Michigan-based subsidiary will supply Alpha Omega Power with utility-scale battery storage. The ...

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General Motors Co. is backing out of a planned $3.5 billion electric vehicle battery plant in Indiana, where construction stalled earlier this year as the automaker and partner Samsung SDI cope with ...

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South Korean battery maker Samsung SDI (KRX:006400), through its Michigan-based subsidiary Samsung SDI America, will supply 1 ...

Samsung SDI returned to an operating profit in the third quarter, driven by robust demand for energy storage systems and ...

An aerial shot of the Samsung SDI electric vehicle battery plant being constructed in New Carlisle. (Photo courtesy of our partners at WSBT-TV Channel 22) A $3.5 billion electric vehicle battery ...