KLD Energy and Samsung SDI will jointly develop a new integrated battery system that incorporates their electric vehicle drive technologies and lithium-ion battery cells respectively.

Samsung SDI, an affiliate of the Samsung Group will add its extensive large-scale production experience, as well as, manufacturing competence in the area of lithium-ion cell production to KLD’s motor systems.

Samsung SDI president of US operations JH Seo said, "Samsung SDI is dedicated to provide the highest quality battery solution to the industry with its leading battery technology and manufacturing capability."

KLD’s CEO Christian Okonsky remarked, "Our relationship with Samsung SDI will enable KLD to provide one of the safest and most cost-effective battery system solution in the industry today and it will also allow KLD to continue on its path to be a world leader in Electric Propulsion and Generation Systems"