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Samsung SDI is strong in batteries, not so influential in the fuel cell business, and this is the direction it will continue to grow. On Tuesday the affiliate of Samsung Group said it would sell off patents and machinery associated with fuel cells while it invests $2.6 billion (3 trillion won) to become the world’s […]

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Audi has been loosely discussing its upcoming all-electric SUV for several months, and has now released a few details about the vehicle’s 300-mile battery. The automaker announced yesterday it will be collaborating with the Korean-based battery companies LG Chem and Samsung SDI to build this battery. These companies “plan to invest in the cell technology […]

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Samsung has accumulated an immense collection of automotive patents over the past 25 years, leading some to wonder what the company’s plans are for the automotive industry. To assess where the industry may be heading, a Forbes research team searched automotive-related patents filed by Samsung, Google, Apple, Tesla and Uber between 1990 and 2014. Their […]

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Samsung SDI announced today that it is buying the battery pack division of Magna International, which will further solidify the company’s foothold in the automotive market. The agreement to buy Magna Steyr will include all 264 employees as well as the current business contracts and all production and development sites. The division is based out […]

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Ford and Samsung are working together on a dual battery system for hybrid and conventional vehicles. Ford Motor Company and Samsung SDI, an affiliate of Samsung Group, announced June 3 research on different levels of hybrid technology that they said could one day be produced in high volume on non-hybrid vehicles for greater fuel savings. […]

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