Samsung SDI America designs prismatic batteries using nickel-rich chemistry for high energy density and safety. It is advancing solid-state batteries achieving 500 Wh/kg and up to 600 mile range with 9 minute full charging, targeting mass production in 2027. Proprietary graphene ball technology increases capacity by 45% and enables 5× faster charging. The company also offers cost-effective lithium iron phosphate (LFP) batteries for energy storage systems and employs a dry electrode production method to reduce manufacturing costs and improve sustainability.
Products include nickel-rich prismatic EV batteries; solid-state batteries (500 Wh/kg, 600 mile range, 9 min charge); graphene ball-enhanced batteries (+45% capacity, 5× faster charging); LFP batteries for ESS; the SAMSUNG Battery Box (SBB) 1.5; and advanced UPS batteries.
In late 2024, Samsung SDI announced plans to begin mass production of LFP batteries for ESS by 2025 at its Ulsan plant with assembly in Michigan. It formed a joint venture with General Motors to manufacture high-performance nickel-rich prismatic EV batteries. The company showcased its next-generation SAMSUNG Battery Box SBB 1.5 and advanced UPS batteries at Renewable Energy Plus 2024. In partnership with Stellantis, it is building a battery factory in Kokomo, Indiana, creating over 1,400 jobs by 2025.
Major shareholders include Samsung Electronics Co., Ltd. (19.6%), National Pension Service (7.5%), BlackRock Inc. (5.0–5.7%), Vanguard Group Inc. (6.5–8.5%), and State Street Corporation (3.4–5.6%). Foreign investors hold approximately 45.0%, domestic institutional investors 16.2%, and retail investors 13.6–25.0%.