General Motors once held minority ownership in four battery manufacturing facilities through partnerships with two South Korean firms, LG Energy Solution and Samsung SDI, as part of its strategy to secure supply chains for electric vehicle production. The collaborations reflected a broader industry push toward joint ventures to accelerate battery technology development and reduce costs amid the global shift toward electrification. While the automaker’s direct involvement in these ventures has since changed, the plants remain key players in the growing market for electric vehicle components. Details on the current status of these partnerships and their impact on GM’s electric vehicle plans are now available.
Three years ago, GM had ownership stakes in four battery plants with two partners: South Korean companies LG Energy Solution and Samsung SDI. See link below ⬇️ 📸 Provided by LG Energy Solution facebook.com
