Electric car customers are set to benefit from affordable new options as two emerging brands go head-to-head in a battle for value.
IN Gov. Eric Holcomb made the announcement on June 13, Reuters reports. GM and Samsung SDI will invest over $3 billion in the EV battery plant. Operations are scheduled to begin in 2026.
Both brands are preparing to sell affordable machines that run on battery power alone, undercutting the likes of Tesla with new value-driven options.
The MG4…
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