Samsung commits to solid-state, appoints EVP for batteries

Samsung commits to solid-state, appoints EVP for batteries

Samsung commits to solid-state, appoints EVP for batteries 640 427 Batteries International

April 3, 2024: Korean battery manufacturer Samsung SDI has confirmed plans to push ahead with mass production of all solid-state batteries (ASB) in 2027.

President and CEO Yoon-ho Choi made the commitment to expand the firm’s products portfolio at the annual general meeting of shareholders in Seoul on March 20.

Also during the March 20 shareholders’ meeting, Jong-sung Kim was reappointed as executive director and Zin Park was appointed to the post of EVP and head of the company’s automotive and ESS battery business.

Samsung’s ASB products will have an industry-leading energy density of 900Wh/L, the company has claimed.

A pilot line for ASBs was set up at Samsung’s Korea research and development center in December 2023.

Additionally, Samsung is preparing to formally unveil its ultra-fast charging technology, which it claims reaches 80% charge from 8% in just nine minutes.

In March 2023, the European Commission allowed Hungary to award nearly €90 million ($96 million) in state aid to expand Samsung SDI’s lithium ion battery cell production facility in the country.