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GM and Samsung SDI to build $3.5B EV battery plant in Indiana.

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Source: Electrek.co
GM and Samsung SDI to build $3.5B EV battery plant in Indiana.
Photo: Electrek.co
TL;DR

General Motors (GM) is partnering with Samsung SDI to build a new $3 billion EV battery plant in Indiana, which will be its fourth battery plant in the US. The new plant will produce nickel-rich prismatic and cylindrical cells and is expected to help "significantly increase the accessibility and affordability of EVs." Construction is set to begin within the next year, supporting over 1,000 new jobs during the build, and is scheduled to start operations in 2026.

Topics:businessautomotive#automotive#battery-plant#ev#gm#indiana#samsung-sdi
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  1. GM plans fourth EV battery plant with new Samsung SDI partnership  Electrek.co
  2. $3.5 billion plant is one of the largest projects in Indiana history  South Bend Tribune
  3. GM, Samsung SDI teaming to build more than $3B EV battery cell plant in Indiana  AOL
  4. New GM plant will be based in South Bend  WTHR
  5. GM, Samsung partner on $3B EV battery facility in Indiana  Fox Business

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