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

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

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.

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