GM hits pause on $3.5 billion Indiana battery plant once billed as the state's biggest development project
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General Motors has paused plans for a $3.5 billion battery plant in Indiana, a project that was expected to create a significant number of jobs. The pause may be related to a rebalancing of electric vehicle investment and capacity, as well as potentially cooling demand for electric vehicles. Construction on the plant, which is a joint project with Samsung, has been halted, resulting in layoffs.
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