If realized, it will mark the second partnership for Samsung SDI with a global automaker in North America. The Korea Economic Daily reported last week that Samsung SDI and GM will soon sign a deal worth as much as 5 trillion won (US$2.84 billion) to build an electric vehicle (EV) battery factory capable of producing 30-50 gigawatt hours a year. 'It's difficult to say when it will materialize because the work needs actual progress,' Choi said. (with GM) for a mid- to long-term partnership,' Choi told reporters after a shareholders meeting in Seoul when asked about the possible collaboration. 'We had in-depth negotiations in the U.S. for a potential business collaboration, although no details have materialized yet, its chief said Wednesday.Ĭhoi Yoon-ho, president and CEO of the South Korean battery maker, made the comments after media speculation that the company will build a joint battery plant with GM in the United States and Choi was visiting the country to close the deal. has been in talks with General Motors Co.

SEOUL, March 15 (Yonhap) - Samsung SDI Co.

Sumsung battery spy