Samsung SDI is taking full control of its Indiana battery plant. The South Korean cell maker is buying out General Motors’ 49.99% stake in their joint venture, according to a regulatory filing, ending GM’s ownership in the $3.5 billion factory. That turns the New Carlisle, Indiana plant into Samsung SDI’s first wholly owned battery factory in North America.
Samsung SDI is taking full control of its Indiana battery plant. The South Korean cell maker is buying out General Motors’ 49.99% stake in their joint venture, according to a regulatory filing, ending GM’s ownership in the $3.5 billion factory. That turns the New Carlisle, Indiana plant into Samsung SDI’s first wholly owned battery factory in North America.
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