# 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.

- Type: New facility
- Announced: 2018-12-10
- Where: Tianjin, China
- Value: $800.0M
- Status: announced
- Products: power batteries
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Samsung SDI](https://endata.com/companies/16013.md)

## Sources

- [xinhuanet.com](http://www.xinhuanet.com/english/2018-12/10/c_137664102.htm), 2018-12-10: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.