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Aug 12, 2026
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GM to Sell Indiana Battery Venture

OBBM Network Editorial Staff
August 10, 2026
Gm To Sell Indiana Battery Venture

General Motors is planning to sell its half of a planned $3.5 billion electric-vehicle battery joint venture in Indiana to partner Samsung SDI, according to a report by Bloomberg News. The joint venture was announced two years ago and was initially expected to have an annual production capacity of 27 gigawatt hours, with an aim to start mass production in 2027.

Details of the Sale

Samsung SDI will buy the 680-acre property, take over the joint venture, and own the battery-making facility in New Carlisle, Indiana. GM and Samsung SDI did not immediately respond to requests for comment. In March, GM and LG Energy Solution had also announced a decision to transform another EV battery plant in Tennessee to make batteries for energy storage systems.

Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.

OBBM Network Editorial Staff

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Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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