Stellantis and Samsung SDI choose Indiana to set up second Gigafactory in the US

The new StarPlus Energy plant is expected to begin production in early 2027 with an annual capacity of 34 gigawatt hours (GWh).

Autocar Pro News Desk By Autocar Pro News Desk calendar 12 Oct 2023 Views icon3330 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Stellantis and Samsung SDI choose Indiana to set up second Gigafactory in the US

Stellantis and Samsung SDI have announced that Kokomo, Indiana, will be the site for a second battery manufacturing facility in the United States as part of the StarPlus Energy joint venture.

The new StarPlus Energy plant is expected to begin production in early 2027 with an annual capacity of 34 gigawatt hours (GWh). The joint venture company will invest over $3.2 billion and create 1,400 new jobs in Kokomo and the surrounding areas. The total investment for both facilities will be over $6.3 billion.

This will be the second StarPlus Energy gigafactory in Kokomo. Construction is already underway on the first StarPlus Energy gigafactory, which is on track to open by the first quarter of 2025 with an annual production capacity of 33 GWh.

“Our battery ecosystem is the foundation of our electrification strategy and our great partners Samsung SDI, the State of Indiana, and the City of Kokomo have created a compelling case for locating our sixth gigafactory in Kokomo,” said Mark Stewart, Stellantis COO North America. “The BEVs coming to our North America brands play an important role in our drive to offer clean, safe and affordable mobility for all and achieve the bold goal of carbon net zero by 2038.”

“Through construction of the second battery plant of StarPlus Energy, Samsung SDI will be establishing its largest production base for electric vehicle batteries in North America,” said Yoon-ho Choi, President and CEO of Samsung SDI. “We expect Stellantis brand vehicles powered by Samsung SDI batteries featuring supreme technologies to contribute to accelerating the U.S. transition to an era of electric vehicles.”

As part of the Dare Forward 2030 strategic plan, Stellantis announced plans of reaching 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 United States by 2030. To achieve these sales targets, the Company is securing approximately 400 GWh of battery capacity. Stellantis is on track to become a carbon net zero corporation by 2038, all scopes included, with single-digit percentage compensation of remaining emissions.

RELATED ARTICLES
BMW bats for open-source software, joins Eclipse Foundation SDV Working Group

auther Autocar Pro News Desk calendar19 Jul 2024

German automaker becomes strategic member of the Eclipse SDV Working Group which facilitates global collaboration on ope...

New Holland’s UK plant rolls out two millionth tractor

auther Autocar Pro News Desk calendar19 Jul 2024

Milestone reached as the UK facility celebrates six decades of manufacturing; One million tractors made since first mill...

Apollo Tyres among seven Daimler Truck Supplier Award 2024 winners

auther Autocar Pro News Desk calendar19 Jul 2024

Indian tyre maker wins for its outstanding commitment to sustainability and is among the award-winning suppliers to the ...