Samsung picks Indiana for new Stellantis battery plant

Samsung has chosen Indiana for a second time to host a new electric vehicle battery plant it is planning to build with Stellantis. The two companies announced Wednesday that they are investing more than $3.2 billion to build the new plant, which will open in early 2027 and have an annual capacity of 34 gigawatt hours. Its opening will bring about 1,400 new jobs to Kokomo, located an hour north of Indianapolis. StarPlus Energy, the joint venture formed by Samsung and Stellantis, previously chose Kokomo for its first gigafactory that’s...