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Stellantis And Samsung SDI Announce Plans For 2nd Battery Joint-Venture Factory

Samsung SDI and Stellantis will build a second joint-venture EV cell factory in North America with a targeted production start of early 2027

Stellantis, Samsung SDI set plan to build second US battery plant, ET Auto

Stellantis: The companies said the transaction still needs to be finalized, and where the plant will be located is under review. Also, how much will be invested at the site and how many people it will employ will be announced later. The plant will have an initial production capacity of 34 gigawatt hours (GWh).

Stellantis, Samsung SDI Agree to Build Second US Battery Plant

(Bloomberg) Stellantis NV and South Korea’s Samsung SDI Co. have signed an agreement to build a second US battery plant as the automaker expands its range of electric vehicles. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billio

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