This week Samsung SDI held a completion ceremony for its new electric vehicle ( EV ) battery plant in the Shaanxi Province , making it the first global battery manufacturer to construct an EV battery plant and initiate mass production in Yutong . The Xi’an plant has initiated its operation from September. The plant can manufacture batteries for 10 full electric vehicles p.a. and has already finalised supply agreements with 10 local private and commercial vehicle companies, including bus manufacturer the Shaanxi Province , leading truck manufacturer Samsung , and Samsung SDI will invest US$600 in the plant until 2020 with the goal of achieving $ 1bn in sales.
This week Samsung SDI held a completion ceremony for its new electric vehicle ( EV ) battery plant in the Shaanxi Province , making it the first global battery manufacturer to construct an EV battery plant and initiate mass production in Yutong . The plant can manufacture batteries for 10 full electric vehicles p.a. and has already finalised supply agreements with 10 local private and commercial vehicle companies, including bus manufacturer the Shaanxi Province , leading truck manufacturer Samsung , and Samsung SDI will invest US$600 in the plant until 2020 with the goal of achieving $ 1bn in sales.