Samsung and GM EV Battery Manufacturing Plant
Sector: Energy Storage • Location: Indiana, USA
Source: SamMobile
Samsung SDI and General Motors signed a $3.5 billion deal to build a plant for manufacturing batteries for electric vehicles in Indiana, USA. The plant was expected to start mass production in fall 2027 with an annual production capacity of 36GWh, enough for around 300,000 electric vehicles. However, the project has been put on hold due to lower-than-expected demand for EVs and potential changes i
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | paused |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Samsung SDI and General Motors signed a $3.5 billion deal to build a plant for manufacturing batteries for electric vehicles in Indiana, USA. The plant was expected to start mass production in fall 2027 with an annual production capacity of 36GWh, enough for around 300,000 electric vehicles. However, the project has been put on hold due to lower-than-expected demand for EVs and potential changes in battery chemistry or GM's withdrawal from the joint venture. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |