Samsung SDI Dives Deeper Into Electric Vehicles With Battery Pack Maker Purchase

Samsung Samsung SDI is getting more serious about EVs with the purchase of the EV battery pack division of Magna International. Under the agreement, Samsung SDI will acquire Magna Steyr including all 264 employees, production and development sites. Terms of the deal were not disclosed.
Magna Steyr is a Austria-based division of Canada’s Magna International, one of the largest automobile part… Read More

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