GM partnered with Samsung for one[0]. Of course now they just announced layoffs at the EV plant[1], because most people still don’t want electrics cars. The investment needs to be tied to demand. If not, it’s just a lot of wasted money.
It seems they’d be better off waiting for better/cheaper battery tech, so they can build out those factories and make cheaper EVs that people might actually buy at scale. Right now the market still feels niche.
It seems they’d be better off waiting for better/cheaper battery tech, so they can build out those factories and make cheaper EVs that people might actually buy at scale. Right now the market still feels niche.
[0] https://insideevs.com/news/731721/gm-samsung-sdi-indiana-ev-...
[1] https://www.cbsnews.com/detroit/news/general-motors-permanen...