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Governor of Indiana announces plans for $3B-plus EV battery cell plant

Governor Eric J. Holcomb, board chairman for the Indiana Economic Development Corporation, announced plans to bring a more than $3B EV battery cell plant to St. Joseph County, creating 1,700 manufacturing jobs. The new battery cell plant, a joint venture between General Motors (GM) and Samsung SDI (SSNLF), is scheduled to begin operations in 2026. GM and Samsung SDI, which announced their joint venture in April, will build the plant just east of New Carlisle at Larrison Boulevard and Indiana 2 to supply GM’s growing EV production needs. GM plans to install more than 1M units of annual EV capacity in North America in 2025 and accelerate from there. The new facility will house production lines to build nickel-rich prismatic and cylindrical cells and is expected to help significantly increase the accessibility and affordability of EVs. Once complete, the plant will have more than 30 GWh of capacity. Construction is planned to begin within the next year and support more than 1,000 jobs during the build.

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