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Hyundai Motor has included Samsung SDI among the final candidates that would supply batteries for its electric vehicles set for release in 2023.
The largest South Korean carmaker is looking for a supplier for the third batch of batteries for its E-GMP platform -based EVs.
Designed by Hyundai Motor, the E-GMP platform is for EVs that load batteries under tits floor instead of the engine bay.
The selected partners will supply batteries worth 25 trillion won to Hyundai Motor’s electric SUV Ioniq 7.
The deal could become the first EV battery supply contract between Hyundai Motor and Samsung SDI.
The first batch of batteries worth 10 trillion won to be loaded this year on Hyundai’s E-GMP-based EVs will come from SK Innovation. The second batch worth 16 trillion won will be supplied exclusively by LG Energy Solution and China’s CATL.
