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GM and Samsung SDI to Invest Over $3 Billion to Expand U.S. Battery Cell Manufacturing

April 25, 2023 By CollisionWeek Editor

General Motors Co. (NYSE:GM) and Samsung SDI announced today they plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States that is targeted to begin operations in 2026. “GM’s supply chain strategy for EVs is focused on scalability, resiliency, sustainability and cost-competitiveness. Our new relationship with […]

Filed Under: News Tagged With: Agreements Signed, Electric Vehicles, General Motors, Samsung SDI

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