Samsung SDI marks 5 years of successful collaboration with Volvo in EV sector.
Volvo's top executives, including CEO Martin Lundstedt, visit Samsung SDI's Cheonan plant for the milestone celebration.
The partnership expands beyond electric trucks and buses to include construction equipment and energy storage systems.
Samsung SDI has been a direct supplier of battery cells and modules to Volvo since last year.
Joint development efforts have resulted in battery packs now integrated into Volvo's electric trucks.
The collaboration began in 2018 with Samsung SDI supplying battery cells for electric trucks and buses to Volvo Trucks.
In 2019, both companies signed a strategic business agreement for next-generation electric mobility solutions.
Samsung SDI's CEO, Choi Yoonho, emphasizes the commitment to providing high-quality, safe battery solutions.
The alliance aims to leverage cutting-edge technology for a broader range of Volvo Group applications.
The partnership signifies a milestone in advancing sustainable and innovative electric mobility solutions.
The strengthened collaboration aligns with the shared vision of driving the future of eco-friendly transportation.
The five-year anniversary marks a successful journey, paving the way for further advancements in the EV battery business.