Kevin
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HONG KONG—General Motors Co. GM -4.02%decrease; red down pointing triangle and Hyundai Motor Group HYMLY 0.00%increase; green up pointing triangle each announced new investments to produce electric-car battery cells in the U.S. in joint ventures with different South Korean battery makers. General Motors and Samsung SDI Co. SSDIY 0.00%increase; green up pointing triangle announced Tuesday that they are planning to invest more than $3 billion in a battery-cell factory that would begin operating in 2026. The location of the plant wasn’t disclosed but the cells will support GM’s EV capacity in North America, Chief Executive Mary Barra said. https://www.wsj.com/articles/hyundai-motor-sk-on-plan-5-billion-ev-battery-factory-in-georgia-a396f499?mod=e2tw
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Very impressive job from both motor companies
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great
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This is amazing
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This is great news
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A very good platform
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A well laid out plan.
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Great partnership to accelerate transition.
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A plan I'd like to see in other countries as well to encourage people buying electric vehicles
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Great investmentđź’š
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Thats a great plan