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Samsung SDI to showcase latest EV batteries at Detroit auto show

All Headlines 10:19 January 14, 2019

SEOUL, Jan. 14 (Yonhap) -- Samsung SDI Co., a major South Korean battery maker, said Monday it will introduce its latest lineup of batteries for electric vehicles (EVs) and hybrid models at the 2019 North American International Auto Show (NAIAS) in Detroit.

The battery-making unit of Samsung Electronics Co. will exhibit a wide range of cells, modules and battery packs at NAIAS, which takes place from Jan. 14-27 in Detroit, Michigan.

Samsung SDI Co. showcases its battery lineup on Jan. 14, 2019, ahead of the opening of the North American International Auto Show (NAIAS) in Detroit, Michigan, in this photo provided by the South Korean battery maker. (Yonhap)

Samsung SDI will present its fast-charging, high-capacity batteries for EVs and plug-in hybrid electric vehicles (PHEVs) under the theme "Charged for Auto 2.0" to attract interest from global automakers seeking tailored products for their EVs.

Auto 2.0 is a concept introduced by U.S investment bank Goldman Sachs in 2017 and refers to the next-generation automotive industry led by electric and fully autonomous vehicles combined with new business models for the sharing economy.

Samsung SDI also plans to unveil its business roadmap for solid-state batteries, which are considered safer than lithium-ion batteries made with liquid electrolytes and have more potential for higher energy density.

The company earlier said it plans to build a US$62.7 million high-volume battery pack manufacturing facility in Michigan, the first of its kind in the U.S.

The global EV market is expected to reach 22 million units by 2025, a sharp rise from this year's estimated 6.1 million units, according to SNE Research, a market research firm focusing on renewable energy.

ejkim@yna.co.kr
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