New Carlisle has been seeing a colossal economic development boom that's expected to create job opportunities for workers in ...

Korean battery manufacturers LGES and Samsung SDI have started mass-producing 46-mm cylindrical cells that compete with Tesla ...

Samsung SDI faced shareholder backlash following a ... to investments in its US joint venture with General Motors, Hungarian plant and next-generation technologies, including all-solid-state ...

“Budapest has not seen such a low number of fatal and serious traffic accidents as last year for a long time,” Mayor Gergely Karácsony said on Facebook on Wednesday. Referring to police figures, the ...

Samsung SDI has announced a new rights offering to secure $1.38 billion in funding for several key strategic investments, ...

Pennsylvania, January 26, 2025. (Photos by Brian Murphy for the Washington Times) ...

SamsungSDI Hungary (Courtesy of Samsung SDI) The company’s bold investment plan comes despite lingering concerns about a global battery supply glut amid a protracted EV slump worldwide, underscoring ...

South Korean suppliers LG Chem and Samsung SDI are to partner with Audi on batteries for its new electric SUV, which will bring a range of more than 500km (311 miles). The two Audi firms plan to ...

Samsung SDI said it will use the funds raised through the capital increase for investments in a joint venture with General Motors, expanding production capacity at its Hungary plant and investing ...

Additionally, the company plans to scale up its Hungary-based manufacturing facilities to meet growing European market demand. Samsung SDI, a key supplier for major automakers, continues to invest ...

Samsung SDI said it plans to use the new funds to invest in its joint venture with General Motors in the US, expand capacity at its battery plant in Hungary and build lines for all solid-state ...