Indiana lands second Stellantis, Samsung SDI EV battery plant

INDIANAPOLIS (WISH) — Automaker Stellantis and Samsung SDI will invest just over $3 billion in a new electric-vehicle battery manufacturing plant in Kokomo, Gov. Eric Holcomb announced Wednesday. It will be the joint venture’s second StarPlus Energy “gigafactory” in Kokomo. Plans for the first facility were announced in May 2022. Stellantis and Samsung SDI plan to create 1,400 new, high-wage positions, growing its total planned workforce to 2,800. “Indiana’s economy is on a roll,” Holcomb said in a release. “Today’s commitment from Stellantis and Samsung SDI will double the capital...