Samsung SDI recently news ..from one of korea magazine transfer...

Samsung SDI recently news ..

from one of korea magazine transfer by google

Samsung SDI is considering expanding the production line at the first battery plant in Goed, Hungary. In the case of the plant, lines 1-4 are currently in operation, and line 5 expansion is in progress. In addition, the construction of line 6 is being discussed, and it is said that construction could start as soon as possible within this year.

Samsung SDI's battery sales for electric vehicles are expected to surge more than 50% compared to the first half. Samsung SDI has major European automakers such as BMW and Volkswagen in Germany as customers. This is because it will be released continuously. The fifth-generation battery is said to be equipped with a high-nickel NCA (nickel, cobalt, aluminum) cathode material with a nickel content of 88% or more, and is expected to realize a driving distance of more than 600 kilometers (km) of electric vehicles on a single charge.

Samsung SDI is expected to particularly benefit from the expansion of BMW's electric vehicle lineup. Earlier, Samsung SDI signed a contract worth 4 trillion won to supply 5th generation batteries to BMW's next-generation electric vehicles. Based on this, it is predicted that Samsung SDI will be able to diversify its supply lines by supplying electric vehicle batteries to other automakers, mainly in Europe. Europe is currently the most attractive electric vehicle market, and despite the economic downturn due to the novel coronavirus infection (Corona 19), the electric vehicle-related industry is showing a rapid recovery. This is because there are a number of global automakers in Europe, and EV support policies are expanding in line with the strengthening of eco-friendly regulations. Based on this, Europe overtook China in the first half of last year to establish itself as the world's largest electric vehicle market. % Has recorded a surge Kim Ji-san, a researcher at Kiwoom Securities, analyzed that "Samsung SDI's mid- to large-sized battery division will approach the break-even point in the third quarter of 2020 and turn to a black in the fourth quarter as battery shipments increase significantly, mainly in European PHEVs." In addition, Park Kang-ho, a researcher at Daishin Securities, predicted that battery profitability will further amplify as the average selling price (ASP) of batteries increases in 2021 when Samsung SDI's 5th generation battery is released.