Stellantis, Samsung SDI To Build A Second Battery Plant In The US

Four months after ceremoniously raising the first beam of steel on its new battery plant, partners Stellantis and Samsung SDI have announced plans to build a second sprawling facility. As with the first, it will be located in the United States. Exactly where is still a mystery, but when the location is sussed out, production won’t begin until 2027. The companies have officially signed a memorandum of understanding on the plant, pledging to build it as part of the StarPlus Energy joint venture. To refresh your memory, that’s the $2.5-billion...