SEOUL—General Motors Co. and Samsung SDI plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States that is targeted to begin operations in 2026.
JACKSON, TN—6K Energy, the cathode materials production division of 6K Inc., plans to establish a full-scale PlusCAM battery material manufacturing plant here. The $250 million project is expected to create 230 jobs in Madison County.
STUTTGART, Germany—German-Canadian start-up Rock Tech Lithium Inc. has begun construction of a new lithium processing plant in Guben, Germany, that will provide Mercedes-Benz with the raw materials needed to produce EV batteries.
WALTERBORO, SC—Pomega Energy Storage Technologies, a subsidiary of Kontrolmatik Technologies, will build its first U.S. assembly plant here. The $279 million project is expected to create 575 jobs.