Stellantis, Samsung Plan Indiana Electric Car Battery Plant
Stellantis and Samsung are working together to create the electric vehicle battery factory in Indiana. The factory will employ up to 1,400 people and be the company's second of its kind in North America. The company said on Tuesday that it will spend and over $2.5 billion on a plant in Kokomo that will make electric battery modules for vehicles made at Stellantis' North American assembly plants. The plant will be built in a city about 97 kilometers (60 miles) north of Indianapolis. Work should start on it later this year, and it should open in early 2025. See also...