General Motors and Samsung SDI will build an EV-battery plant in New Carlisle, Indiana, Gov. Eric Holcomb announced.
The $3 billion plant, which will make battery cells, is scheduled to begin operations in 2026, according to the governor. The plant is expected to create 1,700 manufacturing jobs.
GM and Samsung SDI, which announced their joint venture in April, will build the plant just east of New Carlisle at Larrison Boulevard and Indiana 2 to supply GM’s growing EV-production needs. GM plans to install more than 1 million units of annual EV capacity in North America in 2025 and accelerate from there.
The new facility will house production lines to build nickel-rich prismatic and cylindrical cells and is expected to help significantly increase the accessibility and affordability of EVs. Once complete, the plant will have more than 30 GWh of capacity.
Construction is planned to begin within the next year.
“This joint venture and the 1,700 people there will help supply cells for millions of all-electric vehicles for customers across North America,” said Mary Barra, GM chair and CEO. “The strong support of local and state leaders in Indiana and the combined resources and expertise of GM and Samsung SDI will help us move faster than we could on our own.”
GM has a considerable presence in Indiana, with five facilities across the state that employ more than 5,700 Hoosiers. GM recently announced plans to invest $491 million to expand and upgrade its Marion, Indiana, facility to support its growing EV production.