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USA Korea

GM to sell stake in New Carlisle, Indiana battery joint venture to Samsung SDI

On August 11, Samsung SDI said it will end its JV agreement with General Motors in New Carlisle, Indiana and acquire the automaker's 49.99% stake, citing weaker-than-expected EV demand. 
Samsung SDI said in a regulatory filing that it plans to use the wholly owned unit, SDI-GM Synergy Cells Holdings, to produce batte....

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