Samsung SDI Takes Full Control of Indiana Battery Plant as GM Exits Joint Venture
USSamsung SDI
Samsung SDI is acquiring General Motors' stake in their Indiana battery plant, effectively ending the automaker's ownership in the $3.5 billion facility. This move establishes the New Carlisle factory as Samsung SDI's first wholly-owned battery manufacturing site in North America, signaling a strategic shift for both companies in the EV battery supply chain.
Daily Newsletter
Get EV news delivered to you.
EV Digest delivered to you each morning. Free. Unsubscribe anytime.
Read the original
ElectrekEV Digest summarizes news in our own words and links to the original publisher. We do not republish full articles.
EV battery and range guides
Browse all guides and tools in the EV Digest resource hub.
Daily Newsletter
Get EV news delivered to you.
EV Digest delivered to you each morning. Free. Unsubscribe anytime.