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GM Bails on EV Battery Plant With Samsung
The Drive • • business
Key Points:
- General Motors is selling its 49.99% stake in a $3.5 billion joint battery plant in Indiana to Samsung, making Samsung the sole owner of the facility still in development.
- Stellantis unveiled a customized Chrysler Pacifica at Roadkill Nights featuring a VIS Racing bodykit and upgraded brakes but no powertrain enhancements aside from a new exhaust.
- Car sales in China have declined for the tenth consecutive month with a 21% drop year-over-year in July, while Chinese automaker exports surged by 88% in 2026.
- McLaren appointed former Lincoln and Nissan designer David Woodhouse as its new Chief Creative Officer, signaling a shift in the brand’s design leadership.
- V Engineering in England released a new, lighter, and higher-capacity battery pack for the McLaren P1 hybrid hypercar, highlighting advances in EV technology since its original release.
- A Virginia woman is suing Tesla for $10 million after crashing a Model Y during a test drive, claiming the vehicle was set to "Insane Mode," enabling rapid acceleration.
