Samsung SDI, GM conclude joint venture deal

Choi Yoon-ho (R), head of Samsung SDI Co., a South Korean battery maker, talks with General Motors Co. CEO Mary Barra after signing a memorandum of understanding on a joint venture to produce electric vehicle (EV) batteries in the U.S. state of Indiana in March 2023, in this file photo provided by Samsung SDI. On Aug. 28, 2024, Samsung SDI said the two companies signed a final agreement on the project, worth US$3.5 billion, in Seoul the previous day. (PHOTO NOT FOR SALE) (Yonhap)

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