Samsung SDI, GM sign agreement to co-develop next-generation prismatic battery cells

Reuters2026/08/11 04:43

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Samsung SDI signed a joint development agreement with GM to co-develop a next-generation prismatic EV battery cell.
Program targets higher energy density cells with faster charging, extending the companies’ strategic partnership.
Samsung SDI will buy GM’s 49.99% stake in the SynergyCells joint venture plant in New Carlisle, Indiana.
Move makes the site Samsung SDI’s first wholly owned North American battery plant, reflecting slower-than-expected EV demand growth.
Facility will initially shift to energy storage system batteries, with potential to add the jointly developed prismatic cells later.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Samsung SDI Co. Ltd. published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Samsung SDI, GM sign agreement to co-develop next-generation prismatic battery cells

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