GM and Samsung to Build $3 Billion EV Battery Plant in Indiana.
TL;DR Summary
General Motors and Samsung SDI are partnering to build a $3 billion electric vehicle battery cell plant in New Carlisle, Indiana, creating 1,700 manufacturing jobs to support production of GM's future EVs. The plant will have more than 30 gigawatt hours of capacity and operations should begin in 2026. GM received tax incentives for the plant from St. Joseph County Council in Indiana, including 100% tax abatements for real-estate property for 10 years and for tangible personal property for 15 years.
- Indiana's getting a $3 billion GM-Samsung EV battery cell plant Detroit News
- GM, Samsung SDI teaming to build more than $3B EV battery cell plant in Indiana AOL
- GM to build 4th battery plant in Indiana near Michigan border. Detroit Free Press
- $3.5 billion plant is one of the largest projects in Indiana history South Bend Tribune
- GM, Korean company pick location for battery plant WANE
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