GM exits $3.5B Indiana battery plant as Samsung SDI takes full control

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.
