News of plant coming out now, $3B, US plant for JV between GM & Samsung SDI, in production by 2026. At least 30GWH location not disclosed yet.
A person at Samsung SDI said the South Korean company "would likely have more than one battery JV plant with GM in North America," without giving details.
“GM’s supply chain strategy for EVs is focused on scalability, resiliency, sustainability and cost-competitiveness. Our new relationship with Samsung SDI will help us achieve all these objectives,” said GM Chair and CEO Mary Barra. “The cells we will build together will help us scale our EV capacity in North America well beyond 1 million units annually.”
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