Samsung SDI Introduces High-tech Innovations to Lead the Popularization of EVs at Frankfurt Motor Show – Samsung SDI to showcase its battery technology innovations and high-tech products with aims to make the popularization of electric vehicles – Exhibits multifunctional battery packs, low height cells, cylindrical batteries based on new technology standard ‘21700’ – Raises vehicle interior space utilization with better mileage, customized battery and cells of various sizes   SEOUL, South Korea– Samsung SDI (President: Jun Young-hyun) (KRX:006400) today announced that it has exhibited various products which could lead the popularization of electric vehicles at the Frankfurt Motor Show (IAA Cars 2017) which was opened on September 12.    The concept of the products Samsung SDI displayed at the show is “a battery company preparing for the popularization of EVs,” and high technologies were applied to them accordingly.  “Multifunctional battery pack” of Samsung SDI attracted the most attention. Its users can change the number of modules as they want as if they place books on a shelf. For example, if 20 modules are installed in a premium car, it can go 600 to 700 kilometers. If 10 to 12 modules are mounted on a regular sedan, it can run up to 300 kilometers. This pack is expected to catch the eyes of automakers, because they can design a car whose mileage may vary depending on how many modules of a single pack are installed.   Another groundbreaking product Samsung SDI exhibited is “Low Height Cell.” This is a cell whose height has been reduced by more than 20 percent than that of other existing cells. If this cell is applied, it can decrease the battery load height in an EV. If the height is reduced, interior space will be better utilized, enabling automakers to develop EVs of various designs. Samsung SDI also displayed cells and modules based on the new 21700 standard of cylindrical battery. A ‘21700’ battery is 21 millimeters in diameter and 70 millimeters in height. Its capacity is 50 percent bigger than the existing 18650 battery (18 millimeters in diameter and 65 millimeters in height). Its size is optimal for maximizing capacity, life and output simultaneously. The new battery beats batteries of any other size in light of cost competitiveness. A 21700 battery draws attention from major global manufacturers as the next-generation standard which can be applied to all sorts of products including electric vehicles, ESS and electric tools.  “Our products unveiled at the show are expected to advance the popularization of EVs because they use high technologies optimized to the needs of customers and the market,” Samsung SDI President Jun Young-hyun said. “We will keep leading the battery industry with our unrivaled technology.” Samsung SDI constructed an EV battery plant in Hungary in May, completing its worldwide production tripod with plants in Ulsan, South Korea and Xian, China. Samsung SDI is trying its best to meet the diverse needs of global automakers as a provider of total EV solutions including world-class cells, modules and packs all based on cutting-edge technology. ​  2017.09.12

TriLumina Closes Additional Round of Funding

May 17, 2017 May 17, 2017 – Albuquerque, NM TriLumina Corp., the leading provider of solid-state automotive LiDAR illumination for ADAS and autonomous driving, today announced that it has closed and additional $9 million equity and debt financing.  Proceeds will be used to accelerate the development of its cost-effective, compact LiDAR illumination modules to enable… Continue reading TriLumina Closes Additional Round of Funding

Aston Martin Suspends EV Partnership With Struggling Chinese Tech Firm LeEco

Aston Martin Lagonda Ltd, a British luxury sports car manufacturer, has suspended a previously announced partnership with struggling Chinese tech company LeEco to jointly develop electric vehicles for the global markets. It is unclear why Aston Martin decided to suspend the partnership, but it is most likely directly related to LeEco’s financial troubles as LeEco… Continue reading Aston Martin Suspends EV Partnership With Struggling Chinese Tech Firm LeEco

Yidao CEO blames LeEco for cash problems

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Mon 10 Apr 2017 Detroit Electric prepares EV talent recruitment drive in the UKDetroit Electric’s Chief Technical Officer and Company Director Richie …

Recruitment of new senior team at EV company’s UK facility under way Group CTO and Company Director, Richie Frost, to lead the staffing strategy First technical roles already appointed at Leamington Spa factory Staffing drive is enabled by US$1.8 billion dollar joint venture deal Leamington Spa, UK – Detroit Electric’s Chief Technical Officer and Company… Continue reading Mon 10 Apr 2017 Detroit Electric prepares EV talent recruitment drive in the UKDetroit Electric’s Chief Technical Officer and Company Director Richie …