The South Korean company “Samsung SDI” said it is considering the creation of another factory in the United States, which is an indication of optimism about market growth despite President Donald Trump’s withdrawal to support electric cars. CEO Joe Sun Choi told reporters in Seoul on Wednesday that the company, which supplies ‘General Motors’ and ‘Stel Antis’ with batteries, is considering establishing its own factory in North America. The company is already planning to create factories in collaboration with ‘General Motors’ and ‘Setins’ in Indiana, and it has already completed a factory to produce batteries in partnership with ‘Stelins’. “We are very careful to build a new factory in North America, because the demand has dropped significantly this year compared to last year.” But we are seriously reviewing the plan as we have to achieve an average to long -term growth. “For electric cars. Korean investments in US batteries promised South Korean businesses working in batteries, including LG Energy Solution and SK on it was provided by the Green Energy Law, which was approved during the previous Biden administration. The United States,” considers the investments of the company as “advantage”. LG Energy, the largest battery manufacturing business in South Korea, expects the electric car sector to be the biggest drop in the first half this year. Movardo agreed to the batteries’ manufacturers of this view. To G-Chin, CEO of Posco Future M, expected the sector to recover over two years. The company reduces the dependence on Chinese supply chains despite the poor demand for electric cars, and has increased the goal of its production for this year, as car manufacturers are demanding raw materials produced in Korea, according to. He explained that the industry is on their way to the SO calls “Liberation from China”, citing the efforts to reduce the dependence on Chinese supply chains. Sungel Hitech, one of the largest battery recycling companies in Korea, said he would expect to start a new factory in Indiana during the month of March. He added that the decision to build a second factory in Georgia has not yet been decided. “We expect to announce more details about Trump’s electric cars in April,” Yi added. And “We will decide whether we will start building the second factory or not.”
Samsung is considering creating a batteries in America despite Trump’s position
