Akasol agrees with Samsung SDI on supply till 2027

German battery system manufacturer Akasol has significantly expanded its cooperation with Samsung SDI. Akasol has nominated the Korean company as a supplier for lithium-ion battery cells and modules for two large series orders with commercial vehicle manufacturers.

Samsung SDI will supply cells and modules with a total volume of 13 GWh to Akasol from 2020 to 2027, according to an agreement signed at the IAA earlier this month in Germany.

Akasol has already been working with the South Korean technology company for several years and is currently using its battery cells and modules in the first generation of high-performance battery systems. The company is now expanding its cooperation with Samsung SDI in conjunction with other series production projects, such as the recently announced collaboration with the “world’s leading commercial vehicle manufacturer” for the supply of third-generation battery systems. In this context, Akasol will use the supplier’s battery technologies, which will be particularly suitable for demanding applications in commercial vehicle projects. The corresponding battery cells and modules will be manufactured in Europe and Asia and installed in the various battery modules and systems of the German manufacturer both at the existing series production site in Langen and at the new Akasol headquarters in Darmstadt, Germany.

“In addition to Samsung’s status as a technology leader, our decision to expand the relationship was determined by the competitive strength of their products and by an innovative technology road map for the coming years, which is consistent with our goal of technology independence in the production of high-performance battery systems,” explained Sven Schulz, CEO of Akasol. Samsung SDI Executive Vice President Jeongwook (JW) Kim explains: “We are very proud to be among the strategically vital suppliers for Akasol’s battery systems and see this nomination as a challenge to continue to decisively shape our German partner’s future innovations and developments with our extensive know-how in the field of battery technology”.

akasol.com (pdf)