GM and Samsung Announce $3 Billion Battery Plant in Indiana

­Apparently, GM and Samsung’s joint battery plant will be a Hoosier.

Back in April, General Motors and Samsung SDI announced a $3 billion investment in a new American electric vehicle battery cell plant. Left unsaid was its exact location, though it’s set to open in 2026 and produce nickel-rich prismatic and cylindrical cells.

And now Indiana’s governor, Eric Holcomb, announced that GM and Samsung SDI will build their $3 billion plant in St. Joseph County, supposedly bringing 1,700 new jobs to the state.

“I couldn’t be more excited to again see GM alongside one of Indiana’s newest world class companies, Samsung SDI, take this giant leap and make this $3 billion commitment that will transform the automotive industry aided by our proud Hoosier workforce,” said Gov. Holcomb.

This would actually be GM’s fourth US battery plant, the three previous being with LG. And there’s a very good reason Samsung, and not LG, is the fourth, after some Chevrolet Bolt batteries and GM had to recall about 142,000 vehicles.

In a rather cheeky statement, Samsung SDI President and CEO Yoon-ho Choi added that “We will do our best to provide the products featuring the highest level of safety and quality produced with our unrivaled technologies to help GM strengthen its leadership in the EV market,” calling out LG in all but name.

All of this is in-line with the U.S. Inflation Reduction Act, where automakers are incentivized to source a certain percentage of their battery parts and minerals from North America or a U.S. free trade partner to qualify for a full tax credit.

Construction on the plant will begin next year.