Samsung SDI, Stellantis choose Indiana for second joint EV battery plant

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SEOUL : South Korea's Samsung SDI Co Ltd said on Wednesday that it has chosen the U.S. state of Indiana to build its second joint electric vehicle (EV) battery plant with carmaker Stellantis NV. With their second joint battery factory, the two companies would have a combined annual production capacity of

FILE PHOTO: A general view of the Samsung SDI battery factory in God, Hungary, December 12, 2022. REUTERS/Marton Monus/File PhotoSEOUL : South Korea's Samsung SDI Co Ltd said on Wednesday that it has chosen the U.S. state of Indiana to build its second joint electric vehicle battery plant with carmaker Stellantis NV.

The first joint plant is set to start production in the first quarter of 2025 and the second joint plant targets a start in early 2027.

 

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