Stellantis to build new battery plant in Indiana

Stellantis and Samsung SDI said on Tuesday they will team up to build a $2.5 billion lithium-ion battery plant in Indiana.
The project, which will create 1,400 new jobs and could surpass the $3 billion mark once it’s complete, is Stellantis’ first battery plant in the U.S. and its fifth worldwide.
The latest factory is slated to open in 2025 near Stellantis’ engine, casting and transmission plants in Kokomo, Indiana, where the company is also investing $229 million to produce electrified, eight-speed transmissions to help reach its goal for EVs to represent more than half of its U.S. sales by

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