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According to foreign media reports, General Motors is reportedly about to sell its 50% stake in a planned electric vehicle battery joint venture in Indiana to its partner Samsung SDI. Samsung SDI will acquire the 680-acre property, take over the joint venture, and own the battery manufacturing plant located in New Carlisle, Indiana. General Motors’ exit from battery production is the latest move in the company’s long-term strategic adjustment. Previously, General Motors had hoped to boost elect

According to foreign media reports, General Motors is reportedly about to sell its 50% stake in a planned electric vehicle battery joint venture in Indiana to its partner Samsung SDI. Samsung SDI will acquire the 680-acre property, take over the joint venture, and own the battery manufacturing plant located in New Carlisle, Indiana. General Motors’ exit from battery production is the latest move in the company’s long-term strategic adjustment. Previously, General Motors had hoped to boost elect

智通财经智通财经2026/08/11 05:06
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According to foreign media reports, General Motors is reportedly about to sell its 50% stake in a planned Indiana electric vehicle battery joint venture to its partner Samsung SDI. Samsung SDI will acquire the 680-acre property, take over the joint venture, and own the battery manufacturing plant located in New Carlisle, Indiana. General Motors' exit from battery manufacturing is the latest move in the company's long-term strategic adjustment. Previously, General Motors had aimed to sell electric vehicles, but demand for electric vehicles fell short of expectations. Sources said it is still unclear how Samsung SDI will handle the plant.
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