Stellantis and Samsung SDI announce $3.2 Billion EV battery plant in Kokomo, Indiana
In a significant move for the electric vehicle (EV) industry, automaker Stellantis and Samsung SDI have revealed plans to invest over $3.2 billion in a cutting-edge EV battery plant in Kokomo, Indiana. This strategic initiative marks the companies’ second collaboration in the state and is anticipated to commence operations in early 2027. The plant, a