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Samsung and General Motors joint venture battery plant located in Indiana

According to Digital Times, Samsung SDI, which is responsible for battery and electronic materials manufacturing under Samsung, has confirmed the location of its new battery plant with General Motors in New Carlisle, Indiana.

Samsung SDI said the joint venture plant will cover an area of approximately 2.65 million square meters, the size of 390 standard soccer fields. The two companies expect to create about 1,700 jobs when the production facility is completed.

As previously reported, Samsung SDI and GM jointly announced in April that they will invest more than $3 billion to build a battery factory with an annual capacity of more than 30GWh, with the goal of achieving mass production by 2026. GM Chairman and CEO Mary Barra has said that the batteries jointly built by the two companies will help GM increase its annual electric vehicle production capacity in North America to more than 1 million units.

Samsung SDI has previously announced a joint venture battery plant with Stellantis, the world’s fourth-largest vehicle manufacturer, in the U.S. The plant will be operational by 2025 with an annual capacity of 23 GWh, and it is worth noting that the plant is also located in Indiana.

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Stephen Cruise
Stephen Cruisehttps://www.techgoing.com
Stephen Cruise is a senior editor covering latest smartphones, EVs, PC gaming, console, and tech with 11 years of experience.

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