SEOUL : Samsung SDI will team up with General Motors to build a battery manufacturing plant, Yonhap news agency reported on Friday.The two are expected to sign an agreement on Wednesday to build the factory in the U.S. state of Michigan, the report said, citing industry sources.Samsung SDI is revie
SEOUL : Samsung SDI will team up with General Motors to build a battery manufacturing plant, Yonhap news agency reported on Friday.
The two are expected to sign an agreement on Wednesday to build the factory in the U.S. state of Michigan, the report said, citing industry sources. Samsung SDI is reviewing various ways to cooperate with multiple OEMs but cannot comment on any details, a Samsung SDI official told Reuters.Last year, Samsung SDI and Stellantis NV announced plans to invest more than $2.5 billion to build a new joint venture battery plant in Kokomo, Indiana, as the Chrysler parent ramps up electric vehicle production plans.
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