SDI News

Samsung SDI makes greater push in European commercial vehicle market

Samsung SDI makes greater push 

in European commercial vehicle market 

Company showcases battery technologies at IAA 2022 in Hannover​ 

 

 

□ Company participates in IAA as sole Korean battery maker  

□ Customers pay attention to innovative battery materials, fast charging and solid battery technologies

□ CV customers introduced to Samsung SDI’s exclusive battery module and pack technologies

 

 

Samsung SDI today announced the company unveiled its latest battery technologies for commercial vehicles for its major customers at IAA Transportation 2022 to be held in Hannover. 

 

 

 

 

The company said it is taking part in the IAA 2022 at Hannover Exhibition Grounds from Sept. 20 through 25 in the German city to provide its commercial vehicle customers with a glimpse of its latest development of battery technologies and products. 

 

The IAA, one of the world’s five biggest motor shows, is alternately held in Munich and Hannover. Samsung SDI has been participating in the annual show since 2013.

 

Under the theme of “Heading Towards a New Horizon,” Samsung SDI held a private exhibition for customers, which highlighted the firm’s core competency in the areas of material development, quality management and mass production capability. The company also introduced its proprietary battery technologies and solutions for specialized for commercial vehicles. 

 

 

 

 

 

Among others, Samsung SDI showcased P6 (the Gen.6 prismatic battery) featuring higher energy density, faster charging speed and longer cycle life with its innovative high-nickel NCA and proprietary silicone-carbon-nanocomposite material technologies. Also, the company unveiled its technology roadmap that included cobalt-free and all-solid battery technologies. 

 

In particular, customers were introduced to Samsung SDI’s scalable module and pack technology specialized for commercial vehicles, whose energy, charging time and battery life can be tailored to customers’ specific needs. 

 

For battery makers, electrification of commercial vehicles provides great opportunities for growth. On average, electric commercial vehicles (600~1000kWh) need 8 to 13 times more batteries than electric consumer vehicles (75~80kWh). According to a report by researcher Markets and Markets, the global market for electric commercial vehicles is projected to grow from 353,000 units in 2022 to 3.14 million units in 2030, registering an annual growth rate of 31.4 percent. 

 

“Samsung SDI has made efforts to provide specialized battery solutions for commercial vehicles with differentiated technologies and best quality,” said Executive Vice President Michael Son in charge of strategic marketing for the Automotive and ESS Business at Samsung SDI. “The latest exhibition would provide chances to check out the company’s technological competitiveness, product quality and vision for a new era of electric vehicles.”​​