{"id":174617,"date":"2023-10-23T14:23:28","date_gmt":"2023-10-23T19:23:28","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2023\/10\/samsung-sdi-to-supply-ev-batteries-to-hyundai-motor-starting-2026"},"modified":"2023-10-23T14:23:28","modified_gmt":"2023-10-23T19:23:28","slug":"samsung-sdi-to-supply-ev-batteries-to-hyundai-motor-starting-2026","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2023\/10\/samsung-sdi-to-supply-ev-batteries-to-hyundai-motor-starting-2026","title":{"rendered":"Samsung SDI to supply EV batteries to Hyundai Motor starting 2026"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/samsung-sdi-to-supply-ev-batteries-to-hyundai-motor-starting-20263.jpg\"><\/a><\/p>\n<p>SEOUL, Oct 23 (Reuters) \u2014 South Korea\u2019s Samsung SDI <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/markets\/companies\/006400.KS\" target=\"_blank\" referrerPolicy=\"no-referrer-when-downgrade\" class=\"\">(006400.KS)<\/a> said on Monday it will supply Hyundai Motor <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/markets\/companies\/005380.KS\" target=\"_blank\" referrerPolicy=\"no-referrer-when-downgrade\" class=\"\">(005380.KS)<\/a> with electric vehicle (EV) batteries for seven years starting 2026, marking the first battery supply deal between the two companies.<\/p>\n<p>\u201cThe latest supply deal marks the first ever partnership between Samsung and Hyundai Motor Group in the field of electric vehicle batteries,\u201d Samsung SDI said in a statement.<\/p>\n<p>The battery maker, which supplies to General Motors Co <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/markets\/companies\/GM.N\" target=\"_blank\" referrerPolicy=\"no-referrer-when-downgrade\" class=\"\">(GM.N)<\/a>, Stellantis <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/markets\/companies\/STLAM.MI\" target=\"_blank\" referrerPolicy=\"no-referrer-when-downgrade\" class=\"\">(STLAM.MI)<\/a>, and BMW <a data-testid=\"Link\" href=\"https:\/\/www.reuters.com\/markets\/companies\/BMWG.DE\" target=\"_blank\" referrerPolicy=\"no-referrer-when-downgrade\" class=\"\">(BMWG.DE)<\/a> among others, added that it will supply prismatic batteries manufactured at its factory in Hungary for Hyundai Motor\u2019s EVs targeting the European market from 2026 through 2032.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEOUL, Oct 23 (Reuters) \u2014 South Korea\u2019s Samsung SDI (006400.KS) said on Monday it will supply Hyundai Motor (005380.KS) with electric vehicle (EV) batteries for seven years starting 2026, marking the first battery supply deal between the two companies. \u201cThe latest supply deal marks the first ever partnership between Samsung and Hyundai Motor Group in [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,1491],"tags":[],"class_list":["post-174617","post","type-post","status-publish","format-standard","hentry","category-sustainability","category-transportation"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/174617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=174617"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/174617\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=174617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=174617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=174617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}