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Samsung SDI to beef up battery pack production in U.S.

South Korean manufacturer Samsung SDI Co. is now constructing additional production lines for electric vehicle (EV) battery packs in its plant in Michigan, the U.S. The capital investment in this project is going to be USD 62 million or Korean Won (KRW) 70.2 billion. In 2015, Samsung SDI acquired from Magna Steyr AG ....

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