Samsung SDI to invest $800M in battery plant in Tianjin, China

Samsung SDI will invest $800 million to build a power battery plant in Tianjin, China, covering 100,000 square meters, for energy storage systems, electric cars and electric tools.

“Samsung SDI, a storage battery maker, will invest 800 million U.S. dollars on the battery project which is expected to cover 100,000 square meters.”xinhuanet.com

• 1 source
• xinhuanet.comSamsung to invest 2.4 bln USD on capacitor, battery plants in China - Xinhua | English.news.cnDec 10, 2018

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