GM and Samsung to Build $3B EV Battery Plant in Indiana.

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Source: Fox Business
GM and Samsung to Build $3B EV Battery Plant in Indiana.
Photo: Fox Business
TL;DR Summary

General Motors and Samsung SDI will jointly build a $3 billion EV battery cell plant in Indiana, which will begin operations in 2026 and create 1,700 manufacturing jobs. The facility will produce nickel-rich prismatic and cylindrical cells to help GM scale its EV capacity in North America beyond 1 million units annually. Construction is set to begin within the next year and support over 1,000 jobs during the build.

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