Samsung SDI said on Friday that new US tariffs will increase the cost of producing electric vehicle (EV) batteries in the ...

Rivian (RIVN) is already preparing for changes under the Trump administration. In anticipation of Trump’s new auto tariffs, Rivian ...

Why it matters: The weaker-than-expected profit suggests Samsung SDI faced increasing competition pressure. We estimate the operating margin for the EV battery division remained at a negative ...

"While the production of EV batteries takes place in the United States, there is no direct tariff impact. However, many ...

However, Samsung SDI lacks enough size to enjoy the benefits of scale. In terms of installed capacity, it ranked seventh among global EV battery players with 5% market share in 2023. In fact ...

The company worked with cell supplier Samsung SDI to move battery inventory to the U.S. from South Korea, to ensure continuity of supply and ease potential complications and costs from tariffs.

Thousands of construction workers are building data centers for AWS and now a nearby EV battery plant is about to move into ...

SEOUL (Reuters) -South Korea's Samsung SDI on Friday said U.S. tariffs will increase the cost of producing its electric vehicle (EV) batteries ... The South Korean battery maker, whose customers ...

SEOUL, April 25 (Yonhap) -- Samsung SDI Co., South Korea's second-biggest battery maker, said Friday it swung to a net loss ...