Automotive Industry

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General Motors, Samsung To Build $3 Bln EV Battery Plant In Indiana (markets.businessinsider.com)

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Construction of the facility is expected to commence within the next year, with production anticipated to begin in 2026. While the exact size of the plant has not been specified, the initial plans for Ultium Cells called for a 2.5 million square feet area. Once operational, the facility will have an annual capacity of over 30 gigawatt-hours.

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