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Automaker Stellantis and battery manufacturer Samsung SDI have announced plans to construct a $3.2 billion electric vehicle (EV) battery plant in Indiana. This joint venture marks their second collaboration in the state, following the selection of Indiana as the location for their first joint EV battery plant. The new facility aims to meet the growing demand for EV batteries and contribute to the development of the EV industry in the region. The partnership between Stellantis and Samsung SDI highlights their commitment to expanding their presence in the EV market and promoting sustainable transportation solutions.
Stellantis, Samsung SDI to build second $3.2B EV battery factory in Indiana: https://t.co/a4TYFdHrV8 by TechCrunch #infosec #cybersecurity #technology #news
Stellantis, Samsung SDI to build second $3.2B EV battery factory in Indiana https://t.co/MQaCfsAQIf by @kirstenkorosec
Samsung SDI, Stellantis choose Indiana for second joint EV battery plant https://t.co/xJSoDOUZKO https://t.co/EbCZt5Hhvr
Samsung SDI and automaker Stellantis $STLA plan to invest more than $3.2 billion in a new electric vehicle battery plant in Kokomo, Indiana πΊπΈ - CNBC
Stellantis, Samsung SDI to build $3.2 billion EV battery plant in Indiana https://t.co/gxo0L3JAwW