Samsung SDI plans to produce all-solid-state batteries for cars in 2027

CTOnews.com July 28 news, according to BusinessKorea reported that Samsung SDI is in negotiations with a number of car manufacturers on mass production of all-solid-state batteries in 2027.

Sohn Michael, vice president and head of strategic marketing team of Samsung SDI's medium and large battery division, said in a recent second quarter earnings conference call: "We can't disclose customer names, but we are currently negotiating with several automobile manufacturers on the 2027 production plan." "

Samsung SDI also mentioned the development of LFP (lithium iron phosphate) batteries for medium and low priced vehicles, Sohn Michael said: "As part of the automotive electrification strategy, automakers are launching various electric vehicle models by market segments, including high-end models, just like traditional fuel vehicles. Therefore, automotive batteries also need to be segmented to cope with various platforms. We are actively promoting the development of NMX (Nickel Manganese Oxide) and LFP batteries to expand sales and expand the entry market. "

Sohn Michael also said Samsung SDI will not abandon its high-end strategy, but also hopes to achieve a broader product portfolio by developing high-quality NCA (Nickel Cobalt Aluminum) and high-end high-quality all-solid-state batteries, as well as entry-level NMX and LFP technologies.

CTOnews.com previously reported that European automakers Stellantis and Samsung SDI have planned to open a second joint venture factory in the United States, aiming to start producing electric vehicle batteries in 2027 with an initial capacity of 34GWh.