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Samsung SDI takes full control of battery JV with General Motors
South Korean battery maker Samsung SDI (KRX:006400) has assumed full ownership of a US battery joint venture with General Motors (NYSE:GM), planning to shift the entity’s initial focus towards energy storage systems (ESS).
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channelnewsasia.com
South Korea's Samsung SDI to buy out GM's stake in battery joint venture
Aug 11 : South Korean battery maker Samsung SDI said on Tuesday it will end its joint venture agreement with General Motors in Indiana and acquire the U.S. firm's 49.99 per cent…
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GM plans to sell its half of Indiana battery venture to Samsung SDI, Bloomberg News reports
Aug 11 : General Motors is planning to sell its half of a planned $3.5 billion electric-vehicle battery joint venture in Indiana to partner Samsung SDI, Bloomberg News reported on…
