Overview
- Samsung SDI America signed a three-year contract worth more than 2 trillion won with an undisclosed U.S. energy infrastructure developer for energy storage systems.
- The prismatic LFP batteries under the deal will be produced at Samsung SDI’s U.S. joint-venture plant with Stellantis in Indiana.
- Samsung SDI is converting existing U.S. production lines to LFP for ESS applications after previously focusing on NCA-based cells at the site.
- The company described the agreement as a step to broaden LFP supply and said it is in talks with several global customers on additional deals.
- Market researcher SNE projects U.S. ESS demand to more than double to 142 GWh by 2030, supporting local production expansion.