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Samsung SDI share prices drop as its EV battery plans go against the grain Samsung SDI stock prices dropped 3.91% at the beginning of the week after brokerage firm Morgan Stanley cut the target price for Samsung SDI shares by 20,000 won ($18), down to 550,000 won ($496). The firm argued that EV (electric vehicle) battery manufacturers are failing to generate profits as they continue focusing on expansion and market share. On the other hand, local experts have questioned Morgan Stanely’s downgrade, claiming that Samsung SDI is doing the complete opposite. Samsung SDI appears to be following its own rule book rather than taking the same steps as most of its rivals. The world’s largest EV battery manufacturers including LG Energy Solution and SK Innovation are now focused on building new battery manufacturing plants in the USA, but Samsung SDI isn’t showing any signs of wanting to establish a battery factory stateside. ....