Stellantis and Samsung to invest USD 2.3 billion in the US for EV battery plant

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), with an aim to increase to 33 GWh in […]