EV automaker Rivian partners with Samsung SDI in battery cell supply deal

Amazon-backed EV maker Rivian has collaborated with Samsung SDI as its battery cell supplier, with the goal of bringing electronic pickups to market later this year, the company said Monday. The two companies did not disclose the value of the deal or the length of its term, but in a statement released Monday, Rivian said they were working with Samsung SDI “during the vehicle development process.”

Rivian noted that it is expected R1 pickup and R1 SSV, which Rivian calls an “adventure car,” requires a battery module and pack that can handle extreme temperatures and durability in use. South Korea-based Samsung SDI already supplies battery cells to other car manufacturers. In 2019, the company signed a $3.2 billion deal with the BMW Group for a 10-year supply contract. 

“We are interested in the performance and reliability of the Samsung SDI battery cell, combined with our power-dense module and pack design,” Rivian CEO RJ Scaringe said in a statement. “The focus on Samsung SDI’s innovation and responsible sorting of battery components fits well with our vision.” 

Amazon-backed EV maker Rivian has collaborated with Samsung SDI as its battery cell supplier, with the goal of bringing electronic pickups to market later this year, the company said Monday. The two companies did not disclose the value of the deal or the length of its term, but in a statement released Monday, Rivian said they were working with Samsung SDI “during the vehicle development process.”

Rivian noted that it is expected R1 pickup and R1 SSV, which Rivian calls an “adventure car,” requires a battery module and pack that can handle extreme temperatures and durability in use. South Korea-based Samsung SDI already supplies battery cells to other car manufacturers. In 2019, the company signed a $3.2 billion deal with the BMW Group for a 10-year supply contract. 

“We are interested in the performance and reliability of the Samsung SDI battery cell, combined with our power-dense module and pack design,” Rivian CEO RJ Scaringe said in a statement. “The focus on Samsung SDI’s innovation and responsible sorting of battery components fits well with our vision.”