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Korean battery maker Samsung SDI Q1 net drops 38% due to decline in battery demand

Samsung SDI Q1 net drops 38% on lower battery demand

Suwon
Cheju-do
South-korea
Hungary
Seoul
Soult-ukpyolsi
Samsung-sdi
Profit
Net-profit
Company
Korea

Electric vehicle sales might be slumping, but a battery plant here is still moving forward

Slumping EV sales have people wondering if the GM/Samsung plant near New Carlisle has been tabled. Officials say it's on track to open in 2027.

Michigan
United-states
New-carlisle
Ohio
South-bend
Indiana
Laporte-county
Tennessee
Niespodziany-ditch
Indiana-department-of-transportation
Lg-energy-solution

Samsung SDI partners with Selex Motors to make electric vehicle batteries in Vietnam

Selex Motors and Samsung SDI on Friday inked a strategic partnership memorandum for the development of electric motorcycle batteries.

Hieu
Phú
Vietnam
Republic-of
Vietnamese
Nguyen-huu-phuoc
Lee-joon-seo
Bmw
Volkswagen
Korea-samsung-group
Hyundai
Selex-motors

Korean battery exports fall 1.6% amid slowing EV demand

Korea s exports of battery products fell 1.6 percent in 2023 from a year earlier after posting growth for the previous seven years amid a slowdown in electric vehicle sales, the trade ministry said Sunday.

United-states
Poland
China
Lg-energy-solution
Samsung-sdi
Battery-product
Battery
Risk-on
Korea
Rechargeable-battery
Export

Hana Bank expands to Hungary to offer financing to EV battery makers

Hana Bank will establish a regional office in Budapest, Hungary, in the first quarter of this year, according to the lender, Tuesday.

Germany
Hungary
Budapest
Taiwan
South-korea
China
Poland
Hungarian
German
Korea
Korea-development-bank

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