Samsung SDI signs deal with GM for its joint EV battery factory in US

Samsung SDI

27/08/2024 23:39

SEOUL, Aug 28 (Reuters) - South Korea's Samsung SDI
 006400.KS  said on Wednesday it has signed an agreement with
General Motors  GM.N  for its joint electric vehicle (EV)
battery factory in the United States. 
    Samsung SDI said in a regulatory filing the investment size
for the joint factory stands at 2.29 trillion won ($1.73
billion). 

    

($1 = 1,326.0000 won)

 (Reporting by Heekyong Yang and Joyce Lee in Seoul, David
Shepardson in Washington; Editing by Chris Reese)
 ((Heekyong.Yang@thomsonreuters.com;))