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S.Korea’s Samsung SDI Considers Building Battery Cell Plant

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The South Korean battery maker is considering investing at least 3 trillion won ($2.62 bln). South Korea’s Samsung SDI Co may build a battery cell plant in the United States to support the auto industry’s shift, Samsung SDI.

The source added that Samsung SDI has not yet decided whether they would launch the U.S. plant as a joint venture with carmakers, or as an independent.

The source said the decision to build in the U.S. reflects the changes in tariff rules in the United States-Mexico. The USMCA requires that vehicles have 75% North American content compared with a 62.5% thresh.

The company cannot disclose details of talks,Samsung SDI has EV battery plants in South Korea, China and H.

Samsung SDI’s domestic rivals LG Energy Solution and SK Innovation Co Ltd have announced separate plans to manufacture.

on Wednesday that Stellantis is making progress on finalising a deal to build a battery plant in Italy.

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