Connect with us

Hi, what are you looking for?

CleanTechnica

Batteries

Samsung SDI To Provide BMW X5 eDrive’s Battery Packs, Insiders Say

Samsung SDI will be supplying the battery packs for BMW’s X5 plug in hybrid electric SUV, the BMW X5 eDrive — that’s what insiders at the company are saying anyways, according to a new report from Yonhap.

Given that the market research firm IHS has made similar predictions, the prediction does seem fairly likely to have some truth to it. The Yonhap report noted that IHS has previously speculated that Samsung SDI’s purchase of Magna Steyr’s battery pack division laid the path for the company to cozy up even further to BMW — which is exactly what getting a supply deal for the X5 would amount to.

Samsung SDI


 

Back in July 2014, BMW and Samsung SDI signed a memorandum of understanding to expand their supply relationship for battery cells for electro-mobility — with the launch of BMW’s X5 eDrive model set for sometime this year, the events do seem to have a pretty clear connection. While the memorandum of understanding was ostensibly concerning the BMW i3 & i8, these proposed connections seem to be fairly likely.

According to IHS, the agreement will see Samsung SDI ramp up shipments of battery cells by, at the very least, 20% to 30% until the end of the year.

These details are all going to remain speculative though, as, according to Samsung SDI, it ships its products under an arrangement that doesn’t allow for the public disclosure of specific deals.

With regard to Samsung SDI’s recent purchase of Magna International’s battery pack business (Magna Steyr), the specifics aren’t yet publicly known either — but the acquisition is expected to be completed sometime during the first half of the year.

Image Credit: Samsung SDI

 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

Comments

You May Also Like

Cars

Arriving at the VinFast factory in Hai Phong, the first thing you notice is the massive scale of the property. Calling it a factory...

Batteries

Samsung SDI is working on shorter 46-millimeter diameter battery cells for unnamed auto manufacturers in Europe.

Cars

Stellantis and Samsung plan a new battery factory.

Batteries

Solid-state batteries are expected to reach production within the next two years.

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.