The new facility will supply battery modules for a range of vehicles produced at Stellantis’ North America assembly plants, such as the model to be developed from the Airflow EV Concept unveiled in January. Photo: Stellantis Stellantis N.V. and Samsung SDI announced May 24 they have formally agreed to establish an electric-vehicle battery manufacturing facility… Continue reading Stellantis, Samsung Partner on EV Battery Production
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Stellantis, Samsung to invest $2.5B, create 1,400 jobs at Indiana EV battery plant
Chrysler parent Stellantis and South Korea’s Samsung SDI say they will invest more than $2.5 billion and create 1,400 jobs at a planned electric vehicle battery plant in Kokomo, Indiana. The plant, which will be the second EV battery plant announced for the automaker in North America, is slated to begin production of lithium-ion batteries in early 2025,… Continue reading Stellantis, Samsung to invest $2.5B, create 1,400 jobs at Indiana EV battery plant
Chrysler parent Stellantis picks Indiana for next EV battery plant
Chrysler parent Stellantis will build its next electric vehicle battery plant in Indiana, where the automaker has several facilities, according to a source and a published report. The automaker is planning an announcement on Tuesday on “future plans” for its Kokomo operations with Indiana Gov. Eric Holcomb and the company’s chief operating officer for North America, Mark Stewart,… Continue reading Chrysler parent Stellantis picks Indiana for next EV battery plant
Stellantis and Samsung to Spend $2.5 Billion on an EV Battery Plant in Indiana
Stellantis — the company that owns Jeep and Ram — and Samsung plan to spend $2.5 billion to build a battery factory in Kokomo, Ind., that is expected to create 1,400 jobs. The joint venture is expected to start production by 2025 and is intended to supply battery packs for Jeeps, Ram trucks and other… Continue reading Stellantis and Samsung to Spend $2.5 Billion on an EV Battery Plant in Indiana
Future classics 2022: car investments that could make you money
Absence, they say, makes the heart grow fonder. And as once-familiar cars start disappearing from our roads, it’s hard not to be stirred on the rare occasions that you see them. When was the last time you spotted a Ford Puma coupe or Citroen BX? It’s even more of a cause for celebration when you… Continue reading Future classics 2022: car investments that could make you money
Stellantis CEO warns of electric vehicle battery shortage, followed by lack of raw materials
Carlos Tavares expects a shortage of electric vehicle batteries by 2024-2025, followed by a lack of raw materials by 2027-2028. Go to Source
Stellantis, Samsung SDI will invest $2.5 billion for battery plant in Indiana
Jeep maker Stellantis NV and a South Korean battery manufacturer will invest at least $2.5 billion for an electric-vehicle battery plant in Kokomo, Indiana, creating 1,400 jobs, the companies said on Tuesday. The facility being made in a joint venture with Samsung SDI will have an initial annual production capacity of 23 gigawatt hours, though the companies… Continue reading Stellantis, Samsung SDI will invest $2.5 billion for battery plant in Indiana
Global In-Dash Navigation System Market (2022 to 2027) – Industry Trends, Share, Size, Growth, Opportunity and Forecasts
DUBLIN, May 24, 2022 /PRNewswire/ — The “In-Dash Navigation System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering. The global in-dash navigation system market reached a value of US$ 13.55 billion in 2021. Looking forward, the market is projected to reach a value of US$… Continue reading Global In-Dash Navigation System Market (2022 to 2027) – Industry Trends, Share, Size, Growth, Opportunity and Forecasts
@Groupe PSA: PR Stellantis and Samsung SDI to Invest Over $2.5 Billion in Joint Venture for Lithium-Ion Battery Production Plant in United States003793
KOKOMO, Indiana, United States – Stellantis N.V. and Samsung SDI today announced that they have executed binding, definitive agreements to establish an electric-vehicle battery manufacturing facility in Kokomo, Indiana, U.S. Targeted to start in 2025, the plant aims to have an initial annual production capacity of 23 gigawatt hours (GWh), with an aim to increase… Continue reading @Groupe PSA: PR Stellantis and Samsung SDI to Invest Over $2.5 Billion in Joint Venture for Lithium-Ion Battery Production Plant in United States003793
@Groupe PSA: PR Universal Registration Document 2021003797
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