GM exits $3.5B Indiana battery plant as Samsung SDI takes full control

Electrek
By Fred LambertAug 11, 2026, 9:12 am112 pts
Samsung SDI is taking full control of its Indiana battery plant. The South Korean cell maker is buying out General Motors’ 49.99% stake in their joint venture, according to a regulatory filing, ending GM’s ownership in the $3.5 billion factory. That turns the New Carlisle, Indiana plant into Samsung SDI’s…

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