{"id":425328,"date":"2021-07-12T08:51:08","date_gmt":"2021-07-12T03:21:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=425328"},"modified":"2021-07-12T09:20:26","modified_gmt":"2021-07-12T03:50:26","slug":"samsungs-battery-arm-mulls-us-investment-to-meet-growing-ev-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/samsungs-battery-arm-mulls-us-investment-to-meet-growing-ev-demand\/","title":{"rendered":"Samsung&#8217;s battery arm mulls US investment to meet growing EV demand"},"content":{"rendered":"<p>South Korean battery maker Samsung SDI is considering investment in the US to meet growing demand for electric vehicles, industry sources said on Friday, stoking speculation over potential partnership with major automakers.<\/p>\n<p>The battery making arm of Samsung Electronics has been reviewing various options to build a new battery factory in the U.S. to supply potential clients but has remained cautious over its plan despite rising market expectations.<\/p>\n<p>&#8220;We are considering U.S. investment, but details have not yet been decided,&#8221; a company official said without elaboration, citing sensitivity of the ongoing discussions, reports Yonhap news agency.<\/p>\n<p>Talks have been under way with major automakers, including Stellantis, to discuss partnership, which could be a supply deal or establishing a joint venture to build a new factory in the U.S., another source said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Korean battery maker Samsung SDI is considering investment in the US to meet growing demand for electric vehicles, industry sources said on Friday, stoking speculation over potential partnership with major automakers. The battery making arm of Samsung Electronics has been reviewing various options to build a new battery factory in the U.S. to supply potential clients but has remained cautious over its plan despite rising market expectations. &#8220;We are considering U.S. investment, but details have not yet been decided,&#8221; a company official said without elaboration, citing sensitivity of the ongoing discussions, reports Yonhap news agency. Talks have been under [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-425328","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/425328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=425328"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/425328\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=425328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=425328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=425328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}