Samsung SDI to Display EV batteries and Unveil Roadmap for Future at Detroit

Samsung SDI Co., a leading manufacturer of batteries for electric vehicles said that the company will be showcasing its latest range of batteries for pure electric vehicles and hybrid vehicles models at the 2019 North American International Auto Show (NAIAS) which will be held from January 14 to 27 in Detroit. The company has a wide range of cells, modules and battery packs and these include fast-charging, high-capacity batteries for EVs and plug-in hybrid electric vehicles (PHEVs). The company will be displaying its products under the theme “Charged for Auto 2.0” in order to draw interest from the major OEMs who are looking for customized products they can use in their vehicles.

Auto 2.0 refers to the automotive industry of the future and it involves the advent of electric and fully autonomous vehicles as well as new business models for shared mobility.

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

Samsung SDI had revealed earlier that it plans to build a USD 62.7 million high-volume battery pack manufacturing facility in Michigan. This will be the first such facility in the United States.
It is expected that the global EV market will reach 22 million units by 2025, a sharp increase from the estimated 6.1 million units sold this year, according to SNE Research, a market research firm which focuses on renewable energy.