6 months ago
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South Korea’s Samsung SDI is discussing supplying ESS (Energy Storage System) batteries to Tesla successful an bid reported to beryllium worthy astir 3 trillion won ($2.11 billion) oregon more.
The deal, if signed, would people the latest propulsion by Tesla to trim reliance connected China for cardinal parts. Tesla has signed deals with South Korean companies, Samsung Electronics and LG Energy Solution, to root chips and batteries successful caller months.
South Korean artillery makers are besides scrambling to repurpose electrical conveyance artillery accumulation lines to nutrient vigor retention systems, deed by the elimination of U.S. subsidies.
Samsung SDI said during an net telephone earlier this period that it has seen a large autumn successful artillery request from associated task spouse Stellantis, and volition person immoderate of its EV accumulation lines successful the U.S. authorities of Indiana to marque ESSs.
South Korean paper the Korea Economic Daily said connected Monday that Samsung SDI had reached an statement to proviso Tesla with ESS batteries implicit 3 years.
Tesla did not person an contiguous comment.
