GM And Samsung To Expand Battery Cell Production In U.S.

GM And Samsung To Expand Battery Cell Production In U.S.

General Motors has partnered with Samsung to produce batteries for electric vehicles in the U.S. The $3 billion investment is geared toward securing a scalable, resilient, sustainable, and cost-competitive supply chain. According to GM, the battery cells produced with the help of Samsung will allow the automaker to produce more than 1 million North American EV’s annually. Interestingly, GM’s partnership announcement also displayed the automaker’s focus going forward: “advancing an all-electric future that is inclusive and accessible to all.” It’s pretty safe to say that, like many other OEM’s, GM is going all-in on electric.

Source: https://tinyurl.com/ytf46eu2