GM-Samsung $3.5B battery plant coming to Indiana

Samsung SDI on Wednesday said it had signed an agreement with General Motors for a joint EV battery factory in Indiana. First reported by Reuters, the deal calls for the two companies to invest $3.5 billion in the factory, which targets annual production capacity of 27 gigawatt-hours of cells. Samsung reportedly expects the factory to begin mass...

Sep 1, 2024 - 15:30
GM-Samsung $3.5B battery plant coming to Indiana
2024 Chevrolet Equinox EVSamsung SDI on Wednesday said it had signed an agreement with General Motors for a joint EV battery factory in Indiana. First reported by Reuters, the deal calls for the two companies to invest $3.5 billion in the factory, which targets annual production capacity of 27 gigawatt-hours of cells. Samsung reportedly expects the factory to begin mass...

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