Samsung SDI, Stellantis to set up 2nd JV plant in Indiana
Samsung SDI said Thursday it is poised to set up a second electric vehicle battery manufacturing plant with Stellantis in the US state of Indiana.
The production facility will be built by StarPlus Energy, a joint venture of Samsung SDI and Stellantis in the city of Kokomo, next to the JV’s first plant under construction within the region.
The first and second StarPlus Energy Kokomo Gigafactory plants will start operation in the first quarter of 2025 and early 2027 for 33 GWh and 34 GWh capacity, respectively. The two companies have reportedly injected a total of 7.9 trillion won ($5.9 billion) into the project.
The two plants will manufacture prismatic nickel, manganese and cobalt batteries for Stallantis’ plug-in hybrid cars and battery-powered EVs.
Home to Stellantis’ car parts manufacturing base and the joint battery plants with Samsung SDI, Kokomo is expected to be at the forefront of the carmaker’s electrification strategy, according to the battery maker.
“With the second StarPlus Energy plant, the company will be securing the largest production base of EV batteries in North America,” said Samsung SDI CEO Choi Yoon-ho in a statement. “Based on Samsung SDI’s ‘super gap’ technologies, we expect Stellantis’ electric cars to push forward the EV transition in the US.”
Samsung SDI is also constructing another battery plant with General Motors through a joint venture. Scheduled to complete construction by 2026, its annual capacity of cylindrical and prismatic battery cells is projected to be 30 GWh.
By 2027, the company will be operating three battery production sites in the US – two with Stellantis and one with GM – with a total capacity of 97 GWh.
(责任编辑:과학)
- Hamas weapons, tactics resemble those of NK: JCS
- Whisky imports surge 40% through August, suggesting record
- NewJeans hits 1 bln streams mark on Spotify with debut album
- 김영호 통일장관 “북러 군사 무기거래 깊이 우려…불법행위 중단하라”
- [Korea Beyond Korea] In Paris, soaring demand for Korean studies yet to be fully met
- N.Korea could use nuclear weapons at any stage of conflict: Pentagon
- Households in capital areas hold 70 pct larger assets than non
- 김정은, 19일 저녁 평양 도착…北매체 "불멸의 대외 혁명활동"
- 163 S. Koreans arrive home from Israel on military aircraft
- S. Korean refiners set for turnaround in Q3 on stronger margins
- Maestro Bychkov to debut in Korea with all
- Exhibition 'Hanbok, Revisited' offers modern tastes on traditional Korean clothing
- Import prices up for 3rd month in September on higher oil prices
- S. Korean refiners set for turnaround in Q3 on stronger margins
- 北, 日의 장거리미사일 조기 배치 추진에 “전쟁국가 일본 실체”
- [Korea Beyond Korea] ‘More cross
- S. Korea wins gold in League of Legends competition; Faker tops podium
- S. Korean industry minister visits Africa for World Expo bid, economic ties
- 윤 대통령 “국민소통·현장소통·당정소통 강화하라”
- Civic group to celebrate 70th anniversary of S. Korea
- S. Korea defeat Japan for 3rd straight men's football gold views+
- Gwanghwamun's Joseon views+
- Voter interest reaches all views+
- Seoul shares close tad higher ahead of key US jobs data views+
- Hyundai’s decadeslong support for archery pays off at Asian Games views+
- [Photo News] Floral Butterfly views+
- Unification ministry urges NK to immediately send detained S. Koreans back home views+