General Motors and Samsung SDI disclosed their plans to invest more than $3 billion in the construction of a new battery cell manufacturing facility in the United States, with operations set to start in 2026.
When the plant is operating at full capacity, it will have a capacity of more than 30 GWh, bringing GM’s total U.S. battery cell capacity to around 160 GWh.
The facility, which the businesses intend to operate jointly, is expected to contain production lines for prismatic and cylindrical nickel-rich cells.
The new joint venture with Samsung SDI, according to Doug Parks, executive vice president of GM’s global product development, purchasing, and supply chain, will use the resources and technology of both businesses to give General Motors new competitive advantages.
The Ultium Platform was thoughtfully constructed to accept various cell chemistries and form factors. Although General Motors and Samsung SDI have yet to reveal the location of the factory or their employment estimates, it is anticipated that thousands of new jobs in operations and construction would be created. GM will continue to scale its supply chain and operations, including cell production and car assembly, as consumer demand for EVs increases.
