SEOUL (Reuters) – Battery maker Samsung SDI Co Ltd and automaker Stellantis NV have signed a memorandum of understanding to determine an electrical automobile (EV) battery three way partnership, South Korea’s Yonhap information company reported on Tuesday, citing trade sources.
Yonhap mentioned the 2 firms plan to construct an EV battery manufacturing unit in the US.
(Reporting by Heekyong Yang; Modifying by Christopher Cushing)
