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Samsung SDI is reportedly on the verge of sealing a major supply deal with Tesla worth about 3 trillion won (USD 2.1 billion), marking another milestone in the growing collaboration between the American electric vehicle giant and South Korean battery makers. The potential agreement underscores Tesla’s increasing shift toward Korean partners as the United States looks to reduce dependence on Chinese battery supply chains, according to a Korea Herald report.

Tesla executives finalize multi-Year deal

Sources cited in the report stated that Tesla executives from its Energy Storage Systems (ESS) division visited South Korea last week to finalize discussions with Samsung SDI. The companies are said to be closing in on a multi-year co

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