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The new joint venture with Samsung SDI will leverage the capital and technology of both companies to meet future EV demand.
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The Indiana plant to open in 2025 will employ 1,400 workers and produce a starting capacity of 23 gigawatt-hours with with plans to increase up to 33 gigawatt-hours.
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Samsung says it has built a battery that has a 500-mile range and can be recharged over 1,000 times. The technology is not planned for market anytime soon.
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Marina Marzhevskaya was named car fleet manager for Samsung Electronics in Moscow, Russian Federation.
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The electronics giant has chosen Renovo's AWare system for an autonomous vehicle fleet that will test in California.
Read More →After a trial in 2015, Samsung is taking its "transparent" safety truck to the roads of Argentina for further testing and plans to roll it out across the globe later this year.
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The system, tested in Argentina, uses a wireless camera attached to the front of the truck to generate a live video image on the rear of the truck.
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