Stellantis, Samsung SDI Announce Kokomo, Indiana as Site for …
Oct 11, 2023 · AMSTERDAM – Stellantis N.V. and Samsung SDI today announced that Kokomo, Indiana, will be the site for a second battery manufacturing facility in the United States as part of the StarPlus Energy joint venture. The new StarPlus Energy plant is expected to begin production in early 2027 with an annual capacity of 34 gigawatt hours (GWh).
Stellantis and Samsung SDI to Invest Over $2.5 Billion in Joint …
May 24, 2022 · KOKOMO, Indiana, United States – Stellantis N.V. and Samsung SDI today announced that they have executed binding, definitive agreements to establish an electric-vehicle battery manufacturing facility in Kokomo, Indiana, U.S. Targeted to start in 2025, the plant aims to have an initial annual production capacity of 23 gigawatt hours (GWh ...
Stellantis Announces $155 Million Investment in Three Indiana …
Feb 28, 2023 · AMSTERDAM – Stellantis announced today that it will invest a total of $155 million in three Kokomo, Indiana, plants to produce new electric drive modules (EDM) that will help power future electric vehicles assembled in North America and support the goal of 50% battery electric sales in the U.S. by 2030.
Stellantis Media - Indiana Transmission Plant
On February 28, 2023, Stellantis announced that it will invest a total of $155 million in three Kokomo, Indiana, plants to produce new electric drive modules (EDM) that will help power future electric vehicles assembled in North America and to support the goal of 50% battery-electric sales in the U.S. by 2030. Gear machining and final assembly ...
Stellantis picks Kokomo, Indiana, for its second US battery …
Oct 11, 2023 · DETROIT (AP) — Jeep maker Stellantis says it will build a second electric vehicle battery factory in Kokomo, Indiana, that will create 1,400 new jobs. The $3.2 billion joint venture plant with South Korea’s Samsung SDI is to start production early in 2027.
Stellantis Media - Stellantis, Samsung SDI Announce Kokomo, Indiana…
Oct 11, 2023 · Stellantis N.V. and Samsung SDI today announced that Kokomo, Indiana, will be the site for a second battery manufacturing facility in the U.S. as part of the StarPlus Energy joint venture. The joint venture company will invest more than $3.2 billion and create 1,400 new jobs in Kokomo and the surrounding areas.
Stellantis Announces $155 Million Investment in Three Indiana …
Feb 28, 2023 · Stellantis announced today that it will invest a total of $155 million in three Kokomo, Indiana, plants to produce new electric drive modules (EDM) that will help power future electric...
Stellantis to invest $3.2B in second EV battery plant in Kokomo
Oct 11, 2023 · The new Stellantis facility adds to a growing EV battery ecosystem in Indiana. Outside of the two Kokomo plants, General Motors and Samsung SDI are planning to build a $3 billion EV battery...
Stellantis picks Kokomo, Indiana for 2nd US EV battery plant
Oct 11, 2023 · Stellantis announced Wednesday that it would build its second U.S.-based electric vehicle battery plant in Kokomo, Indiana, where the company is already building a similar battery plant. Both...
Second Stellantis, Samsung EV battery plant announced for Kokomo
Oct 11, 2023 · The City of Kokomo secured a second battery manufacturing plant for electronic vehicles, a $3.2 billion investment from Stellantis and Samsung SDI that will also operate as a StarPlus Energy gigafactory with an anticipated 1,400 new, high-wage jobs.