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Samsung SDI shifts some US production lines from EVs to LFP ESS batteries


South Korean battery maker Samsung SDI has signed a three-year contract through its US subsidiary to start supplying prismatic lithium iron phosphate (LFP) batteries for energy storage systems (ESS) in North America from 2027. The contract is valued at more than 2 trillion South Korean won ($1.35 billion). Michigan-based Samsung SDI America will manufacture the… Read more…

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