Stripe, Advent Reportedly Pursue $53 Billion PayPal Takeover 
Thyssenkrupp Raises 2026 Profit Outlook as Steel and Materials Units Strengthen 
Paramount Weighs CNN Sale as $110B Warner Bros. Discovery Deal Faces Antitrust Fight 
Australia’s Corporate Leaders Face Parliament Over KPMG Client Data Scandal 
Cisco Forecasts Strong Fiscal 2027 Growth as AI Networking Demand Surges 
Bank of America to Buy Up to 49.9% Stake in Jio Credit for $1.92 Billion 
Super Micro Stock Jumps 19% as AI Server Demand Drives Strong 2027 Outlook 
China Automakers Accelerate Global Expansion as Domestic Car Sales Slump 
J.P. Morgan Upgrades SanDisk, Sets $2,250 Price Target on AI NAND Growth 
Ford to Move Some Lincoln Production From China to U.S. in 2030 
Tesla Roadster Reveal Could Feature SpaceX Thrusters in August 
Google Pushes Gemini AI Overhaul as Sergey Brin Targets Model Supremacy 
Anthropic Eyes $6B Decart AI Acquisition Ahead of Mega IPO 
Maersk Raises 2026 Earnings Outlook as Shipping Profits Beat Expectations 
Pandora Shares Rise as Q2 Results Beat Forecasts, 2026 Outlook Raised 
ANZ Home Loan Applications Drop 12% After Australia Property Tax Changes 
Bernstein Picks BYD and Xiaomi as Top China EV Stocks Despite Weaker Demand 
Add as a preferred source on Google
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.
