Stellantis & Samsung SDI to Build Second Battery Gigafactory in the US

Stellantis N.V. and Samsung SDI have signed a memorandum of understanding (MoU) to establish a second EV battery manufacturing facility in the US, under the existing StarPlus Energy joint venture. Targeted to start production in 2027, the plant aims to have an initial annual production capacity of 34 gigawatt hours (GWh).

The location of the new facility is currently under review and further details will be shared at a later date.

The gigafactory will be the sixth battery facility to support Stellantis’ electrification plans.

In May 2022, Stellantis and Samsung SDI announced their commitment to build a first battery manufacturing facility in Kokomo, Indiana, US.

Targeted to launch in the first quarter of 2025, the plant will have an annual production of 33 GWh, up from the initial target of 23 GWh.

Stellantis CEO, Carlos Tavares, says: “This new facility will contribute to reaching our aggressive target to offer at least 25 new battery electric vehicles for the North American market by the end of the decade. We are continuing to add more capacity in the United States together with our great partner Samsung SDI and laying the next steps to reaching our carbon neutrality commitment by 2038.”

“By establishing the joint venture with Stellantis last year, we laid a solid groundwork for marking our presence in North America,” adds Samsung SDI President and CEO, Yoon-ho Choi. “The second plant will accelerate our market penetration into the U.S. and help Stellantis push forward the U.S. transition to an era of electric vehicles by supplying the products featuring the highest levels of safety and quality.”

Stellantis plans to reach a 100% passenger car battery electric vehicle (BEV) sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in the US by 2030.