24/7 Space News
ENERGY TECH
Stellantis, Samsung to build second battery plant in US
Stellantis, Samsung to build second battery plant in US
by AFP Staff Writers
Paris (AFP) July 24, 2023

US-European automaker Stellantis, whose brands include Fiat, Jeep and Peugeot, and a Samsung subsidiary plan to build a second electric car battery factory in the United States, the companies said Monday.

The location of the facility has yet to be announced but Stellantis and South Korea's Samsung SDI said it would start production in 2027, with an initial annual output capacity of 34 gigawatt hours (GWh).

It would be able to produce hundreds of thousands of vehicles made by Stellantis.

Stellantis, whose US brands include Chrysler, Dodge, Ram and Jeep, plans to have electric vehicles account for 50 percent of its sales in the United States by 2030.

"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," Stellantis chief executive Carlos Tavares said in a statement.

The company is seeking to secure around 400 GWh of battery capacity to achieve its sales target.

Stellantis and Samsung SDI are already building a gigafactory in Kokomo, Indiana -- an investment of between $2.5 billion and $3.1 billion -- with production slated to begin in 2025 and a 33-GWh capacity.

Samsung SDI, which specialises in the production of electric car batteries, announced in April a joint venture with General Motors to build a $3 billion factory in the United States.

The company, part of the sprawling Samsung group, already has EV battery plants in Vietnam, China, Hungary and elsewhere.

tsz/lth/rox

Stellantis

Related Links
Powering The World in the 21st Century at Energy-Daily.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
ENERGY TECH
Tata picks Britain for massive electric car battery plant
London (AFP) July 19, 2023
Indian conglomerate Tata Group announced Wednesday that it will build a gigafactory in Britain to manufacture batteries, as nations accelerate away from fossil fuel vehicles. The 4-billion pound plant in the county of Somerset, southwest England, will be Tata's first gigafactory outside India. The UK reportedly beat off competition from Spain for the project, set to create thousands of jobs. The UK plant will become one of Europe's largest battery-cell manufacturing sites with a capacity of 40 gi ... read more

ENERGY TECH
On space, poll shows most Americans support NASA's role, U.S. presence

Rensselaer researchers using drop module for advanced protein studies on ISS

Virgin Galactic's next spaceflight will include sweepstakes winners

Euclid's large halo around indefinitely small point

ENERGY TECH
AROBS Engineering Takes Lead Role in Space Rider Project Software Verification and Validation

Protecting Space Assets through Innovation: Hyperspace Challenge 2023

SpaceX aborts launch of Starlink satellites

China unveils cutting-edge JF-22 Hypersonic Wind Tunnel facility

ENERGY TECH
Senate expresses 'significant concerns' over NASA's Mars sample-retrieval plan

The clays of Mawrth Vallis

Ancient river is helping Perseverance Mars Rover do its work

CHAPEA Mars Simulation program a test bed for food systems and crop cultivation

ENERGY TECH
Shenzhou XVI crew set to conduct their first EVA

Timeline unveiled for China's advanced manned spacecraft's inaugural flight

Commercial space projects expected to provide more services in China

China's Shenzhou XVI astronauts conduct fluid physics experiments

ENERGY TECH
New Heights for Satellite Communication: Iridium Launches Certus for Aviation

SpaceX launches 54 Starlink satellites, ties record for first-stage returns

CASIC plans new satellite network by 2030

ESA moves ahead with In-Orbit Servicing missions

ENERGY TECH
Groundbreaking 3D-Printed frictionless gear for space applications

Turning scrap wood into strong, sustainable materials for re-use

US regulator backs off Microsoft-Activision challenge

UBC Okanagan researchers investigate new use for plastic bottles

ENERGY TECH
New study reveals Roman Telescope could find 400 Earth-mass rogue planets

Does this exoplanet have a sibling sharing the same orbit

PSI's David Grinspoon Appointed to New NASA Post

Life on Earth didn't arise as described in textbooks

ENERGY TECH
SwRI team identifies giant swirling waves at the edge of Jupiter's magnetosphere

First ultraviolet data collected by ESA's JUICE mission

Unveiling Jupiter's upper atmosphere

ASU study: Jupiter's moon Europa may have had a slow evolution

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.