GM and Samsung SDI announced Tuesday that they will form a joint venture for battery production. In a release, the companies made clear that this joint venture, starting with more than $3 billion, won’t initially be making batteries that directly replace or augment the brand’s Ultium cell strategy developed with LG. The new plant will...GM and Samsung SDI announced Tuesday that they will form a joint venture for battery production. In a release, the companies made clear that this joint venture, starting with more than $3 billion, won’t initially be making batteries that directly replace or augment the brand’s Ultium cell strategy developed with LG. The new plant will...
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