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Samsung SDI, GM end $3,5B battery plant venture in Indiana, to co-develop prismatic batteries

Samsung SDI and GM are ending their planned Indiana battery plant venture and shifting to joint development of prismatic batteries instead. For plants, that means the factory project is being abandoned or reshaped, which affects local construction, equipment orders, and any jobs tied to the site; for suppliers, the demand mix may move away from a single large plant build toward design and component work; for the labor market, the lost plant project can mean fewer industrial jobs than first expected. The excerpt does not say why the venture ended, what happens to the Indiana site, or how many workers would have been involved.

Sep 14, 2026

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