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Stellantis, Samsung SDI to Invest More Than $3 2 Billon in Indiana EV Battery Plant -- Update

By Mauro Orru A joint venture of Stellantis and Samsung SDI plans to invest more than $3.2 billion in a second electric-vehicle battery manufacturing.

United statesMauro orruMark stewartStarplus energyFiat chryslerNorth americaStellantis chief operating officerArticle normalMotor vehiclesPassenger carsSports utility vehiclesAlternative fuel vehiclesMotor vehicle partsIndustrial electronicsIndustrial goodsCorporate strategy planning

Stellantis picks Indiana for 2nd US EV battery plant

Stellantis announced its next U.S. EV battery plant as the automaker continues negotiations with the UAW, which has made battery plants a big focus.

United statesEric holcombCarlos tavaresMark stewartStellantis departmentBelvidere assembly plantStarplus energyFord motor coGeneral motorsFord motorJeep cherokeePresident rich boyerStellantis north americaNorth americaSamsung sdiElectric vehicle battery

$3 2 billion electric vehicle battery plant coming to Kokomo

Stellantis and Samsung SDI will invest more than $3.2 billion in a battery manufacturing facility in Kokomo. The project should launch in 2027.

South koreaUnited statesEric holcombIndiana economic development corpStarplus energyIndiana economic developmentUnited auto workersGeneral motorsSamsung sdi

Samsung SDI to Invest $2 Billion in Second Stellantis Battery JV Plant

By Kwanwoo Jun South Korean battery maker Samsung SDI plans to invest almost $2 billion in a second U.S.-based plant for the joint venture with carmaker.

South koreaUnited statesSouth koreanKwanwoo junStarplus energyArticle normalMotor vehiclesPassenger carsIndustrial electronicsIndustrial goodsCorporate strategy planningOwnership changesJoint ventures consortiaCapacity facilitiesCorporate actionsCapital expenditure

Largest Ever Government-Supported R&D Investment in Hungary Announced by Samsung SDI

Samsung SDI has announced the largest ever government-supported research and development investment in Hungary, worth 22.5 billion forints (EUR 57.9m), Péter Sz

Samsung sdiEconomic growthForeign minister

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