James Howell joined WRTV as a digital content producer in March 2022.
KOKOMO — Stellantis and Samsung EDI have announced a plan to invest $3.2 billion in building a second EV battery plant in Kokomo.“Indiana’s economy is on a roll,” said Gov. Holcomb. “Today’s commitment from Stellantis and Samsung SDI will double the capital investment, the new jobs created, and the impact this joint venture will have on Kokomo and the state of Indiana for decades to come.
The second plant will be built adjacent to the first one, which is scheduled to open in 2025. The second plant is slated to open in 2027. “Through construction of the second battery plant of StarPlus Energy, Samsung SDI will be establishing its largest production base for electric vehicle batteries in North America,” said Yoon-ho Choi, president and CEO of Samsung SDI. “We expect Stellantis brand vehicles powered by Samsung SDI batteries featuring unrivalled technologies to contribute to fastening the U.S. transition to an era of electric vehicles.
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Stellantis, Samsung SDI plan new battery plant in IndianaNew plant will start production in early 2027
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US: Stellantis Excels In PHEV Segment In Q3 2023In Q3 2023, Stellantis PHEV sales amounted to 37,079 units, which is 132 percent more than a year ago, and another consecutive quarterly record.
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US: Stellantis Excels In PHEV Segment In Q3 2023In Q3 2023, Stellantis PHEV sales amounted to 37,079 units, which is 132 percent more than a year ago, and another consecutive quarterly record.
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2023 Layoff Tracker: GM, Stellantis And Ford Cut Thousands As UAW Strike ContinuesI am a Boston-based reporter. Before joining Forbes, I covered the environment, local government and the arts for a small-town newspaper on Nantucket. My previous work includes NPR, WBUR, WCAI and Nantucket Today. I am a graduate of the University of Massachusetts, Amherst, with a degree in political science. Email me at bbushardforbes.com
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