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Jun 14, 2023

General Motors and Samsung SD will invest over $3 billion to build a battery factory in Indiana

According to reports, General Motors and Samsung SDI will invest over $3 billion to build an electric vehicle battery factory in Indiana, with plans to start production in 2026, which will create 1700 jobs.

 

The two companies announced in April that they would invest over $3 billion to establish a joint venture electric vehicle battery production plant in the United States, but did not disclose the exact location.

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