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General Motors and Samsung SDI have finalized a $3.5 billion deal to build an electric vehicle battery plant in Indiana, the South Korean company announced Tuesday. The factory will have an initial capacity of 27GWh, which could go up to 36GWh.
The factory was expected to start production in 2026, but now it is anticipated that batteries won’t start rolling off the line until 2027 at the earliest. Construction at the factory is already underway, Read Entire Article
