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Samsung SDI, KG Mobility form alliance for cylindrical battery pack for future EVs: Report

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Samsung SDI and KG Mobility entered into a strategic alliance to create cylindrical battery packs for future electric vehicles. This partnership aims to help both companies gain a strong position in the growing market for advanced electric cars.

As per a report by Pulse, the English service of Maeil Business News Korea, the two companies signed a formal agreement on Monday in Seoul to work together on these new technologies.

The collaboration goes beyond a simple buyer and seller arrangement. Samsung SDI and KG Mobility will now work as strategic…

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