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Construction paused on GM battery cell plant in New Carlisle
Summary by ABC57
3 Articles
3 Articles
Samsung’s $3.5 billion EV battery deal with GM hits pause
In August 2024, Samsung’s battery manufacturing division, Samsung SDI, and General Motors signed a $3.5 billion deal where the two companies would build a plant for manufacturing batteries for electric vehicles (EVs) in Indiana, USA. Unfortunately, the project may have been put on hold as the US carmaker may be rethinking its EV strategy due to lower-than-expected demand. According to a new report from Korea JoongAng Daily, Indiana Economic Dev…
Coverage Details
Total News Sources3
Leaning Left0Leaning Right1Center1Last Updated50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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