GM Said to Plan Sale of Indiana Battery Venture to Samsung SDI


Samsung SDI is set to buy the 680-acre property, take over the joint venture and own the battery-making facility in New Carlisle, Indiana, that GM had hoped would be needed to build enough power storage for an era of growing EV demand. It isn’t clear what Samsung SDI will do with the facility, said the people, who asked for anonymity to discuss an announcement expected Tuesday in Seoul.



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