Samsung SDI says tariffs expected to raise production costs of US-made batteries
25/04/2025 06:26
SEOUL, April 25 (Reuters) - South Korea's Samsung SDI 006400.KS said on Friday U.S. tariffs will increase the cost of producing its electric vehicle (EV) batteries produced in the United States, as many battery materials and components are imported. (Reporting by Heekyong Yang and Hyunjoo Jin; Editing by Kim Coghill) ((Heekyong.Yang@thomsonreuters.com;))
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