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Samsung SDI Secures Battery Supply Contract for Tesla's Energy Storage System

ENERGY STORAGE

Samsung SDI Co. has secured a battery supply contract through its U.S. subsidiary for Tesla's energy storage system, with details remaining confidential until January 2030. The contract's potential value is estimated at 3 trillion won (approximately $2.08 billion), reflecting the growing demand for energy storage solutions driven by advancements in the artificial intelligence sector. This move positions Samsung SDI competitively in the expanding ESS market.

Samsung SDI Secures Battery Supply Contract for Tesla's Energy Storage System
Jan 31, 2026, 6:19 AM

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