Samsung SDI ends GM SynergyCells deal as Ford expands Lincoln production
Ford will boost US Lincoln production from 2030 and phase out China imports, aiming for thousands of US jobs, while General Motors’ battery plans shift as Samsung SDI acquires GM’s 49.99% stake in SynergyCells, ending a $3.5B US battery JV. The move comes as GM separately commits $4.5B to a parts-supply safety net, suggesting EV retrenchment.