New Delhi, Dec. 24 -- Samsung SDI and KG Mobility entered into a strategic alliance to create cylindrical battery packs for future electric vehicles. This partnership aims to help both companies gain a strong position in the growing market for advanced electric cars.

As per a report by Pulse, the English service of Maeil Business News Korea, the two companies signed a formal agreement on Monday in Seoul to work together on these new technologies.

The collaboration goes beyond a simple buyer and seller arrangement. Samsung SDI and KG Mobility will now work as strategic partners to design and test battery packs. These packs will use Samsung SDI's 46-millimetre cylindrical battery cells. Both companies plan to check the performance and saf...