GM exits $3.5B Indiana battery plant as Samsung SDI takes full control
11 August 2026 at 14:12
Samsung SDI is taking full control of its Indiana battery plant. The South Korean cell maker is buying out General Motorsβ 49.99% stake in their joint venture, according to a regulatory filing, ending GMβs ownership in the $3.5 billion factory.
That turns the New Carlisle, Indiana plant into Samsung SDIβs first wholly owned battery factory in North America.