Stellantis and Samsung SDI announce joint venture to build 33 GWh battery plant in US

Kokomo, Indiana, may not be the location the Beach Boys were singing about, but its definitely the current tune of both Stellantis and Samsung SDI, as the two announced a joint venture to build a US EV battery plant there. Together, the global automaker and battery manufacturer will invest over $2.5 billion to bring a slew of new EV jobs to Kokomo and its surrounding areas.

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Source: Charge Forward