The Korea Times close
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Business
  • Tech
  • Bio
  • Companies
Finance
  • Companies
  • Economy
  • Markets
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
Entertainment
& Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
Sports
World
  • SCMP
  • Asia
Video
  • Culture
  • People
  • News
Photos
  • Photo News
  • Darkroom
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
Business
  • Tech
  • Bio
  • Companies
Thu, May 26, 2022 | 08:51
Tech
Samsung SDI to supply cylindrical battery to Jaguar Land Rover
Posted : 2018-09-05 16:48
Updated : 2018-09-05 17:52
Print Preview
Font Size Up
Font Size Down
Samsung SDI's cylindrical cell battery / Courtesy of Samsung SDI
Samsung SDI's cylindrical cell battery / Courtesy of Samsung SDI

By Baek Byung-yeul

Samsung SDI will supply cylindrical cell batteries to Jaguar Land Rover's electric vehicles (EVs), industry sources said Wednesday.

To supply its cylindrical cell batteries to the British carmaker, industry sources said the Korean battery maker will construct a production line for producing "21700" cylindrical batteries at its plant in Hungary.

Samsung SDI fiercely competed with other battery makers including LG Chem and Panasonic to win a contract from the British carmaker since last year. The company declined to confirm, saying "we cannot offer information related with our customer companies."

Jaguar Land Rover will use the 21700 batteries for its next EVs scheduled to be on the market in 2020. The 21700 battery is next-generation battery technology. It is 21 millimeters in diameter and 70 millimeters in height with the capacity that is 50 percent larger than 18650 battery technology.

Samsung SDI is expected to initially supply EV cells of 5 gigawatt hours (GWh) a year, which will be about 300 million cylindrical cells. Samsung SDI is known to have battery manufacturing capacity of about 80 million cells a month.

Compared to the pouch or prismatic batteries, a cylindrical cell battery has its strength in power efficiency.

The cylindrical cell battery is gaining popularity as Tesla began adopting it in its EVs. Also there have been growing demands for the cylindrical cell battery as more products such as electric power tools and electric vehicles go cordless.

According to market researcher B3, the demand for cylindrical batteries last year was 3.75 billion, accounting for 55 percent of the entire small battery market, and the figure is expected to surpass 4.6 billion this year.

Samsung SDI, the leading player in the small battery market, is expected to post an operating profit of more than 400 billion won ($356 million) in its small battery business, according to reports from Samsung Securities and Mirae Asset Daewoo.


Emailbaekby@ktimes.com Article ListMore articles by this reporter
 
  • Gunman kills 18 children at Texas elementary school
  • Over 76% of Koreans support legalizing euthanasia
  • N. Korea fires 3 ballistic missiles, including 1 suspected ICBM: JCS
  • Will government establish new immigration agency?
  • Korea to allow visa waiver at Yangyang airport for int'l travelers from 4 countries
  • North Korea launches missiles to test Seoul-Washington deterrence
  • [INTERVIEW] Defender of inter-country adoptees' rights
  • Auditing firms compete to secure rookie accountants
  • Japan's unwelcome move
  • Police forward Terraform Labs CEO home trespassing case to prosecution
  • 'The Witch: Part 2' director still has more story to tell 'The Witch: Part 2' director still has more story to tell
  • Park Chan-wook returns to Cannes with romance 'Decision to Leave' Park Chan-wook returns to Cannes with romance 'Decision to Leave'
  • Former GFriend member Yuju sings on track for drama 'Kiss Sixth Sense' Former GFriend member Yuju sings on track for drama 'Kiss Sixth Sense'
  • Tim Burton's iconic world of misunderstood misfits returns to Korea Tim Burton's iconic world of misunderstood misfits returns to Korea
  • BLACKPINK on cover of Rolling Stone BLACKPINK on cover of Rolling Stone
DARKROOM
  • 75th Cannes Film Festival

    75th Cannes Film Festival

  • People in North Korea trapped in famine and pandemic

    People in North Korea trapped in famine and pandemic

  • 2022 Pulitzer Prize: Bearing witness to history

    2022 Pulitzer Prize: Bearing witness to history

  • Worsening drought puts millions at risk

    Worsening drought puts millions at risk

  • Our children deserve the best

    Our children deserve the best

The Korea Times
CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Location
  • Media Kit
  • Contact Us
  • Products & Service
  • Subscribe
  • E-paper
  • Mobile Service
  • RSS Service
  • Content Sales
  • Policy
  • Privacy Statement
  • Terms of Service
  • 고충처리인
  • Youth Protection Policy
  • Code of Ethics
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group