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.
FLINT, MI—General Motors Co. plans to invest $918 million in four U.S. manufacturing sites, including $854 million to prepare these facilities to produce the company’s sixth generation small-block V-8 engine and an additional $64 million in Rochester, NY, and Defiance, OH, for castings and components to support EV production. These investments will enable the company to strengthen its full-size truck and SUV business and support the company’s growing EV product portfolio.
TOLEDO, OH—General Motors is investing $760 million in its propulsion manufacturing operations here to prepare the facility for producing drive units that will be used in future Ultium-based battery electric trucks. Toledo-built drive units are to be used primarily for Chevrolet Silverado EV, GMC Sierra EV, and GMC HUMMER EVs.
DETROIT/TOKYO—General Motors and Honda recently announced plans to codevelop a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology.