South Korea’s rechargeable battery maker Samsung SDI, which selects electric vehicle batteries as one of its five growth engines, is set to provide Volkswagen with a large volume of electric vehicle batteries. A deal to provide Volkswagen with lithium-ion batteries for electric cars was recently reached between Samsung SDI and Volkswagen, according to sources in the auto and electronic devices industries Thursday.
Samsung is yet to unveil which electric cars would use its batteries. The deal will put Samsung in position to be a major supplier for Volkswagen which aims at becoming the top electric car maker with the production of green cars including the Gold Blue-e-Motion, e-up, XL1 and E-Bugster.
For full article, see Maeil Business.