NEW CARLISLE, Ind. — General Motors and Samsung SDI have selected New Carlisle, Indiana, as the site of a new electric vehicle battery cell plant in Indiana.
The companies announced in April the joint venture to build the more than $3 billion electric vehicle battery cell plant without specifying the location.
The plant will create 1,700 manufacturing jobs, Gov. Eric Holcomb said in a statement on Tuesday.
President Biden has also shared a statement regarding the construction of the plant.
"GM and Samsung’s announcement today is another example of how companies are investing in America, building the industries of the future in America, and creating jobs in America," Biden said. "Our work to build a clean energy economy is unleashing record private sector manufacturing investment, driving companies to shore up our supply chains here at home, and lowering energy costs for working families."
The project is GM’s fourth joint venture battery cell factory, alongside three others with South Korea’s LG Energy Solution. A 900-worker factory near Warren, Ohio, is starting to build cells, while plants in Spring Hill, Tennessee, and Lansing, Michigan, are in the works.
The new Indiana plant will house production lines to build nickel-rich prismatic and cylindrical cells, and is expected to help significantly increase the accessibility and affordability of electric vehicles.
President Biden
Construction on the new plant is expected to start within the next year, supporting more than 1,000 jobs during the build. The companies plan to start production in New Carlisle in 2026.
GM has five plants in Indiana with more than 5,700 employees, with the company's previously stated goal of selling only electric vehicles by 2035.