Climate love

Kevin

4 w

•

General Motors

Climate love

GM,Hyundai tap South Korean EV battery makers to build US plants

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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25 more agrees trigger social media ads

  • Kevin

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    4 w

    Very impressive job from both motor companies

    1
    • Ajema Lydiah

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      4 w

      great

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      • Daniel Waweru

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        4 w

        This is amazing

        4
        • walter lungayi

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          4 w

          This is great news

          3
          • Harrison wambui

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            4 w

            A very good platform

            4
            • Joseph Githinji

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              4 w

              A well laid out plan.

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              • Tabitha Kimani

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                4 w

                Great partnership to accelerate transition.

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                • Munene Mugambi

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                  4 w

                  A plan I'd like to see in other countries as well to encourage people buying electric vehicles

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                  • Gorffly mokua

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                    4 w

                    Great investmentđź’š

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                    • ance Star

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                      4 w

                      Thats a great plan

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