Samsung SDI vows to overcome EV challenges via ESS and robots

The head of Samsung SDI's research center stated on March 11 at the opening of InterBattery 2026 in Seoul that the company plans to overcome electric vehicle industry slowdowns through opportunities in energy storage systems and robotics. Joo Yong-lak emphasized that the battery industry will lead growth in ESS, robots, and urban air mobility sectors. The event, South Korea's largest battery trade show, features nearly 670 firms from 14 countries.

InterBattery 2026 opened on March 11 at the Coex Convention Center in Seoul for a three-day run. Hosted by the Ministry of Trade, Industry and Resources, the event features nearly 670 firms from 14 countries, including the United States, Australia, Germany, China, and Japan, operating more than 2,300 booths. It provides a venue to discuss the expansion of renewable energy and energy storage systems, as well as battery applications in defense, robotics, and urban air mobility, while addressing responses to U.S. tariff schemes and European Union battery regulations.

Vice Industry Minister Moon Shin-hak said at the opening ceremony, "The Korean battery industry is currently facing challenges from a chasm in the electric vehicle market and global trade uncertainties, as well as opportunities from the growth of new demand and restructuring of supply chains," pledging government support for domestic firms' overseas expansions.

Joo Yong-lak, executive vice president and head of Samsung SDI's R&D center, remarked in his speech, "The battery industry has become a key growth engine leading the ESS, robot and urban air mobility sectors beyond EVs." He added, "We plan to proactively find innovative technologies that will lead the transformation of the future energy market and continue to bolster our technology competitiveness," noting efforts to meet demand from the artificial intelligence segment.

According to Joo, the global ESS market is expected to reach 1,232 gigawatt-hours, tripling from 399 GWh in 2024. Robot industry demand will grow from 0.03 GWh in 2025 to 1.4 GWh in 2030, while urban air mobility demand is projected to rise from 3.7 GWh in 2030 to 68 GWh in 2035. Samsung SDI displayed a pouch-type all-solid-state battery prototype for physical AI applications, with mass production slated for the second half of 2027.

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President Lee Jae Myung and Hyundai executives sign MOU for 9 trillion won Saemangeum AI, robotics, and hydrogen investment, with models of projects on display.
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Hyundai Motor Group invests 9 trillion won in Saemangeum for AI and robots

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Hyundai Motor Group announced a 9 trillion won investment in the Saemangeum area of North Jeolla Province to build an AI data center, robotics cluster, and hydrogen facilities. The initiative was revealed at an MOU signing ceremony attended by President Lee Jae Myung, who vowed strong government support. The project is projected to create about 70,000 jobs and generate 16 trillion won in economic value.

Samsung SDI signed a multiyear electric vehicle (EV) battery supply agreement with Mercedes-Benz Group AG in Seoul on Monday. The deal marks the first such supply contract between the companies, providing high-performance batteries for next-generation EVs. The firms also agreed to expand cooperation in future mobility, including joint development of advanced battery technologies.

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LG Energy Solution swung to a first-quarter net loss due to weakening global electric vehicle battery demand. The company reported a 944 billion won ($635.8 million) loss, reversing a profit from a year earlier. It plans to expand its energy storage system business for a more balanced portfolio.

Hyundai Motor Co. unveiled the Ioniq V, its first production model under the Ioniq brand for China, at the 2026 Beijing auto show. The vehicle is built on a platform jointly developed with Beijing Automotive Group (BAIC Group) and features a battery from Contemporary Amperex Technology Co. Ltd. (CATL). It offers more than 600 kilometers on a single charge.

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Used batteries from electric vehicles could fulfill two-thirds of China's grid storage requirements by 2050, according to a study by researchers at Tsinghua University. These second-life batteries would charge during periods of abundant renewable energy and release power during peak demand. The approach could reduce costs by 2.5 percent while supporting a shift to carbon-neutral power systems.

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