GM and Samsung SDI's new EV battery factory could cost in excess of $2.6 billion car auto cars ⬇️
have agreed on building three battery JV plants in the United States, and we would also likely have more than one battery JV plant with GM in the United States to better meet GM’s EV battery demand and electrification goals,” an unnamed Samsung SDI source told. This source added that GM and Samsung SDI could have two joint-venture battery plants in the U.S.
car manufacturer says it will build 400,000 electric vehicles in North America from 2022 through mid-2024 before increasing capacity to 1 million units annually in North America in 2025.says the company is pondering whether it will need more than two EV production facilities to keep up with demand.would not be the first of its kind. In fact, in May last year, the technology giant joined with Stellantis to establish a $2.
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