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A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. government for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana. The ...
Oct. 11—A second, multibillion dollar electric vehicle battery plant is coming to Kokomo. Automaker Stellantis and Samsung SDI announced Wednesday the two companies, through their joint venture ...
Jeep maker Stellantis says it will build a second electric vehicle battery factory in Kokomo, Indiana, that will create 1,400 new jobs. The $3.2 billion joint venture plant with South Korea's ...
The U.S. Department of Energy Monday conditionally committed $7.54 billion to finance two electric vehicle facilities in Kokomo as part of an effort to bolster American EV battery manufacturing ...
Jul. 14—The rezoning and annexation into the city of Kokomo of more than 200 acres of land set to be the new home of the 3.3-million-square-foot factory Stellantis and Samsung SDI will jointly ...
Automaker Stellantis has scheduled an announcement for Tuesday in Kokomo, Indiana, for what could be the company's second North American electric vehicle battery factory. The company said it will ...
The new plant will open in early 2027, joining a joint-venture facility in Kokomo, Indiana, that's already under construction and scheduled to start production in early 2025.
Announcement means $2.5 billion investment and 1,400 jobs. State also offered substantial incentives. Stellantis, Samsung to invest $2.5B, create 1,400 jobs at Indiana EV battery plant