South Korean battery and electronics manufacturer Samsung SDI has secured a KRW1.5 trillion (US$1 billion) deal to supply energy storage system (ESS) batteries for a US energy company.
Under the agreement, Samsung SDI’s Michigan-based subsidiary, Samsung SDI America, will supply the ESS batteries to an undisclosed company over a four-year period, beginning this year.
The batteries will be produced...
The strongest version of this narrative highlights a strategic pivot in the global energy storage supply chain, driven by US industrial policy and trade tensions. Samsung SDI’s $1 billion deal underscores South Korea’s aggressive push to replace Chinese dominance in the US market, leveraging policy incentives like the Inflation Reduction Act. The USITC’s reversal of anode tariffs reveals a critical tension: while trade remedies aim to protect domestic industries, they falter when those industrie...