The union of the companies GM and Samsung will be a joint venture of batteries for electric vehicles with beginning of activities in the factory for 2026 in the USA

A new joint venture with Samsung SDI and GM will soon arrive in the US to leverage the capital and technology of both companies and create new competitive advantages for GM. Battery cells produced at the company's facility will be used to power GM electric vehicles based on the Ultium platform, increasing GM electric vehicle production in North America to more than 1 million units per year. Investing more than $3 billion in construction of the new US plant and scheduled to start in 2026, the Samsung and GM plant will have more than 30 GWh of capacity and will increase GM's total battery cell capacity in the US to approximately 160 GWh when operating at 100%, according to the website Insideevs Uol.

For now, there is no information about the location of the new battery factory or how many new jobs will be created. However, the companies stated that the number of new jobs in construction and operations is expected to be “in the thousands”. The facility will have production lines to manufacture prismatic and cylindrical nickel-rich cells.

GM and Samsung's EV strategy

GM has stated that its EV (electric vehicle) supply chain strategy is focused on scalability, resiliency, sustainability and cost competitiveness factories. a new joint venture with Samsung SDI will leverage the capital and technology of both companies to create new competitive advantages for GM. The battery cells that will be produced at the new facility will be used to power GM electric vehicles based on the Ultium platform.

The introduction of new cell formats will allow us to expand batteries into more segments more quickly and integrate cells directly into battery packs to reduce weight, complexity and cost. With several strong cell partners, we can expand our EV business faster than if we did it alone.

The importance of the partnership between Samsung and GM

GM already has a US joint venture with LG Energy Solution called Ultium Cells, while Samsung SDI has a US battery joint venture with Stellantis. A new factory joint venture with Samsung SDI will allow GM to further expand its EV production in North America, and help position the vehicle company as a leader in the EV battery industry.

GM and Samsung SDI's new $3 billion battery plant for electric vehicles will make a major contribution to the automotive industry and battery technology. The partnership will allow GM to further expand its electric vehicle production, meeting costs and increasing efficiency. The new joint venture will be an opportunity for both companies to leverage each other's technology and expertise, creating competitive advantages in the battery market for electric vehicles.