GM Delays Indiana EV Battery Plant To 2027

KEY TAKEAWAYS General Motors is delaying the start of production at its Indiana battery plant by a year to 2027.The delay marks the latest retreat by the largest U.S. automaker on softer-than-expected electric vehicle (EV) demand. GM is teaming up with Samsung SDI to invest around $3.5 billion for a plant scheduled to start mass production in 2027, with the plant expected to employ some 1,600 people. General Motors (GM) is pushing back the start of production at its Indiana battery plant by a year to 2027, ...