Samsung SDI shifts US focus from EVs to BESS solutions
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Samsung SDI is shifting its focus in the US from electric vehicle (EV) batteries to energy storage systems (ESS) by supplying prismatic lithium iron phosphate (LFP) batteries under a new $1.35 billion contract. The company will repurpose its Indiana facility to produce BESS cells, aligning with US market demands. This move marks Samsung SDI's expansion into the US ESS market, emphasizing safety and price competitiveness in renewable energy and AI applications.
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Source: Electrek The copyright of this article belongs to the original author/organization.
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