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Samsung Powers Up Kia’s Next-gen Ev With High-tech Batteries
Samsung SDI is joining forces with Kia to fuel the next big thing in EV (electric vehicles): a compact electric crossover codenamed “QV.” Samsung SDI is revamping its Hungary factory to produce these game-changing batteries.
If you’re a Samsung loyalist, this is another reason to cheer for a brand that’s pushing the boundaries. At the same time, if you’re eyeing a Kia EV, the QV is shaping up to be a stylish, compact crossover.
The SDI Business of Samsung is tearing down old production lines and bringing in new equipment to build advanced prismatic batteries. With high-nickel cathodes and anodes made with silicon-carbon-nanocomposite material, they’re designed to give Kia’s QV serious range and zip.
This deal is part of a bigger partnership with Hyundai Motor Group, Kia’s parent company, to supply batteries for about 500,000 vehicles in Europe from 2026 to 2032.
Beyond Kia EV, Samsung SDI is eyeing opportunities with BMW for next-gen cylindrical batteries, with plans to expand its Hungary factory if demand spikes.
Recently, Samsung SDI raised KRW 1.723 trillion through a rights issue, with about half allocated to a joint venture with General Motors (GM) for electric vehicle batteries.
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