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Automaker EV Rivian partners with Samsung SDI in battery cell supply deal – TechCrunch

Rivian, the Amazon-backed electric vehicle maker that aims to bring an electric pickup to market later this year, has partnered with Samsung SDI as a supplier of battery cells, the company said on Monday.

The two companies did not disclose the value of the deal or how long it will last, but in a statement on Monday, Rivian said he had worked with Samsung SDI “throughout the vehicle development process.”

Rivian pointed out that his R1T pickup and R1S SUV, which Rivian calls “adventure vehicles,” require a battery module and pack that can handle extreme temperatures and durability use cases.

Samsung SDI, based in South Korea, is already supplying battery cells to other automakers. In 2019, the company signed a $ 3.2 billion deal with BMW Group for a 10-year supply agreement.

“We are excited about the performance and reliability of the Samsung SDI battery cells combined with our high energy density module and pack design,” Rivian CEO Rj Scaringe said in a statement. “Samsung SDI’s focus on innovation and responsible sourcing of battery materials fits well with our vision.”

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