{"id":76251,"date":"2024-08-28T12:01:06","date_gmt":"2024-08-28T16:01:06","guid":{"rendered":"http:\/\/autosector.com\/?p=76251"},"modified":"2024-08-28T12:01:06","modified_gmt":"2024-08-28T16:01:06","slug":"1144293_gm-samsung-3-5b-battery-plant-coming-to-indiana","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=76251","title":{"rendered":"GM-Samsung $3.5B battery plant coming to Indiana"},"content":{"rendered":"<p>Samsung SDI on Wednesday said it had signed an agreement with General Motors for a joint EV <strong>battery factory in Indiana<\/strong>.<\/p>\n<p>First reported by <a href=\"https:\/\/www.reuters.com\/markets\/deals\/samsung-sdi-signs-deal-with-gm-its-joint-ev-battery-factory-us-2024-08-27\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a>, the deal calls for the two companies to <strong>invest $3.5 billion<\/strong> in the factory, which targets annual production capacity of 27 gigawatt-hours of cells. Samsung reportedly expects the factory to begin mass production in 2027, and is leaving room for capacity to expand to 36 gigawatt-hours in annual volume.<\/p>\n<p><span id=\"static-marker-video-player-primis\"\/><\/p>\n<div class=\"image_wrapper first_wrapper\" readability=\"7\"><img fetchpriority=\"high\" decoding=\"async\" name=\"tccimg_100791509_m\" title=\"General Motors Ultium batteries\" src=\"data:image\/png;base64,R0lGODlhAQABAAD\/ACwAAAAAAQABAAACADs=\" alt=\"General Motors Ultium batteries\" width=\"640\" height=\"360\" class=\"first_image lazy\" data-width=\"1024\" data-height=\"576\" data-url=\"https:\/\/images.hgmsites.net\/lrg\/general-motors-ultium-batteries_100791509_l.jpg\" data-src-h=\"https:\/\/images.hgmsites.net\/hug\/general-motors-ultium-batteries_100791509_h.jpg\" data-src=\"https:\/\/images.hgmsites.net\/lrg\/general-motors-ultium-batteries_100791509_l.jpg\" data-src-l=\"https:\/\/images.hgmsites.net\/lrg\/general-motors-ultium-batteries_100791509_l.jpg\" data-src-m=\"https:\/\/images.hgmsites.net\/med\/general-motors-ultium-batteries_100791509_m.jpg\" data-src-s=\"https:\/\/images.hgmsites.net\/sml\/general-motors-ultium-batteries_100791509_s.jpg\"\/><\/p>\n<p>General Motors Ultium batteries<\/p>\n<\/div>\n<p>The factory was announced in April 2023. At the time, GM and Samsung said it <a href=\"https:\/\/www.greencarreports.com\/news\/1139472_3b-gm-samsung-battery-plant-might-enable-electric-corvette-camaro\" target=\"_blank\" rel=\"noopener\">would cost around $3 billion<\/a>, would aim for 30 gigawatt-hours of annual cell production, and would open in 2026. At the time, GM said the factory would produce both prismatic and cylindrical cells, highlighting the automaker&#8217;s <a href=\"https:\/\/www.greencarreports.com\/news\/1138636_gm-ceo-flexible-on-battery-cells-in-ev-ramp\" target=\"_blank\" rel=\"noopener\">flexibility on cell format<\/a>.<\/p>\n<p>Discussion of those formats means the Indiana factory could build cells that are markedly different than the very large-format pouch cells GM is having manufactured at battery plants under its Ultium Cells LLC <strong>joint venture with LG<\/strong>.<\/p>\n<div class=\"image_wrapper\" readability=\"7\"><img decoding=\"async\" name=\"tccimg_100739392_m\" title=\"Possible electric Chevrolet Camaro in GM Ultium teaser video\" src=\"data:image\/png;base64,R0lGODlhAQABAAD\/ACwAAAAAAQABAAACADs=\" alt=\"Possible electric Chevrolet Camaro in GM Ultium teaser video\" width=\"640\" height=\"360\" data-width=\"1024\" data-height=\"576\" data-url=\"https:\/\/images.hgmsites.net\/lrg\/possible-electric-chevrolet-camaro-in-gm-ultium-teaser-video_100739392_l.jpg\" data-src-h=\"https:\/\/images.hgmsites.net\/hug\/possible-electric-chevrolet-camaro-in-gm-ultium-teaser-video_100739392_h.jpg\" data-src=\"https:\/\/images.hgmsites.net\/lrg\/possible-electric-chevrolet-camaro-in-gm-ultium-teaser-video_100739392_l.jpg\" data-src-l=\"https:\/\/images.hgmsites.net\/lrg\/possible-electric-chevrolet-camaro-in-gm-ultium-teaser-video_100739392_l.jpg\" data-src-m=\"https:\/\/images.hgmsites.net\/med\/possible-electric-chevrolet-camaro-in-gm-ultium-teaser-video_100739392_m.jpg\" data-src-s=\"https:\/\/images.hgmsites.net\/sml\/possible-electric-chevrolet-camaro-in-gm-ultium-teaser-video_100739392_s.jpg\" class=\"lazy\"\/><\/p>\n<p>Possible electric Chevrolet Camaro in GM Ultium teaser video<\/p>\n<\/div>\n<p><strong>Cylindrical cells<\/strong> could be much easier to integrate within lower-profile vehicles than those large-format pouch cells, making them prime candidates for low-slung electric performance cars like the <strong><a href=\"https:\/\/www.greencarreports.com\/news\/1135690_gm-confirms-future-electric-corvette-hybrid-corvette-due-2023\" target=\"_blank\" rel=\"noopener\">electric Corvette<\/a><\/strong> GM has already confirmed, or aerodynamically efficient sedans such as the rumored all-electric replacement for the Chevy Camaro.<\/p>\n<p>Indiana will also host two Samsung SDI joint-venture battery factories with Stellantis. The first, announced in May 2022, will be located in Kokomo and is due to ramp up in early 2025. The two companies announced a <a href=\"https:\/\/www.greencarreports.com\/news\/1140283_stellantis-confirms-second-us-battery-factory-with-samsung-sdi\" target=\"_blank\" rel=\"noopener\">second battery factory for Indiana<\/a> in July 2023, saying at the time that it would begin producing batteries in 2027.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Samsung SDI on Wednesday said it had signed an agreement with General Motors for a joint EV battery factory in Indiana. First reported by Reuters, the deal calls for the two companies to invest $3.5 billion in the factory, which targets annual production capacity of 27 gigawatt-hours of cells. Samsung reportedly expects the factory to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":76252,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-76251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/76251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=76251"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/76251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/76252"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=76251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=76251"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=76251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}