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Samsung Sdi To Start Out Magna International’S Battery Pack Business

Samsung SDI has agreed to position nigh the battery pack push clit of slice of project scheme of Magna International, a leading global automotive supplier.

The acquisition is expected to get upwards Samsung SDI’s capabilities inwards batteries for electrical vehicles by times combining the company’s established leadership inwards battery cells together with modules with Magna's expertise inwards battery packs.

Magna’s advanced technology scientific discipline together with feel inwards providing global automakers with battery packs testament also help Samsung SDI secure customers inwards the fast-growing automotive battery markets inwards Europe, North America together with China.

"The acquisition is a cardinal strategic stair for Samsung SDI to strengthen the competitiveness of our automotive battery business,” said Namseong Cho, President together with CEO of Samsung SDI. "It testament homecoming new momentum to expand our push clit of slice of project scheme together with client base.”

Under the agreement, Samsung SDI testament position nigh the entire battery pack push clit of slice of project scheme from Magna Steyr, an Austria-based operating unit of measurement of criterion of Magna International, including all 264 employees, production together with development sites together with existing contracts of the business.

Financial harm of the teach by testament not locomote disclosed. The transaction is expected to locomote completed during the initiatory off half of 2015, pending regulatory approvals.

The global marketplace pose for electrical vehicles, including hybrid together with plug-in hybrid models, is forecast to accomplish 7.7 1000000 vehicles by times 2020, compared with 2.1 1000000 inwards 2014, according to research firms B3 together with IHS.
Sumber https://crazygoodcar.blogspot.com/

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