General Motors and Samsung SDI will build a more than $3 billion EV battery cell plant in Indiana scheduled to begin operations in 2026, creating 1,700 jobs, the state's governor said Tuesday.

The joint GM and Samsung SDI plant, scheduled to begin operations in 2026, near New Carlisle, Indiana aims to have an annual production capacity of 30 gigawatt hours (GWh). The plant will produce high-nickel prismatic and cylindrical battery cells.