News
General Motors And Samsung Electronics Set To Build A Battery Plant In The US
General Motors CEO Mary Barra went on an official visit to Samsung Electronics headquarters in South Korea and met with three high-ranking officials: the head of Samsung Display, Samsung Electro-Mechanics, and more importantly, Samsung SDI (the company’s battery arm).
Mary Barra discussed with Samsung SDI’s head Choi Yoon-ho the prospect of building an EV battery plant in Indiana, USA, and if everything goes according to plan, it should be operational by 2026, producing 30 GWh worth of batteries per year.
Additionally, GM may start sourcing other parts from Samsung, including cameras, sensors, and displays.
But that’s not all. Reportedly, GM’s CEO met with LG Energy Solutions as well, perhaps to discuss an alternative supplier. The two companies have a joint venture battery plant situated in Michigan, USA, which isn’t ready yet.
-
News1 week agoCurrently, China Has 129 Manufacturers Of Electric And Hybrid Vehicles; The Majority Will Fail
-
News1 week agoLamborghini’s Next Model Will Be A Grand Tourer And Will Not Be Electric
-
News1 week agoHyundai Motor Workers Are On A 3-Day Warning Strike
-
News1 week agoBidding For This Stripped 2024 Mercedes-AMG G63 With No Rear End Surpasses $18,000 On Copart
-
News1 week agoFerrari Is “Very Happy” With The Luce’s Reactions
-
News3 days agoNissan Finally Discontinuing The Altima Sedan And Says Why
-
Car Facts6 days agoWhat Are The Most Reliable Electric Vehicles?
-
News3 days agoFor The First Time, Mercedes Is Using A Chinese Engine In A Vehicle Intended For The European Market