Overview

• The plant will produce nickel-rich prismatic cells with an initial capacity of 27 GWh, expandable to 36 GWh.
• Construction has begun, but production is delayed by a year due to market conditions and contract finalizations.
• The facility is GM's fourth EV battery plant in the U.S. and the first in partnership with Samsung SDI.
• GM remains confident in the long-term growth of the EV market despite recent slowdowns in consumer adoption.
• Local incentives include a decade-long 100% tax abatement, with GM paying a $4.5 million annual infrastructure fee.