[Concall] Samsung SDI "Electric Vehicle Prismatic Battery Market to Grow Over 20% Annually"
[Asia Economy Reporter Kim Heung-soon] Samsung SDI stated in its Q3 earnings conference call on the 2nd that "The market size for cylindrical batteries for electric vehicles (EV) is expected to grow at an average annual rate of over 20%, from 75GWh this year to 170-180GWh by 2026." The company added, "Our sales of cylindrical batteries for EVs, centered on the 21700 model, have increased significantly compared to the previous year, expanding the proportion of EVs within cylindrical batteries to around 10%. Next year, this share is expected to grow to about 20% or more due to increased volume and new projects."
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