Stellantis & Samsung SDI To Build 2nd Battery Gigafactory In USA
We are leaving the oil & gas era and heading into the electric vehicle era, and the base of that new era is batteries, batteries, batteries. Stellantis and Samsung SDI are advancing their tokens in this new era with an announcement of a second US battery gigafactory.
Using the same StarPlus Energy joint venture the companies formed for that first factory, Stellantis and Samsung SDI have just announced a second battery gigafactory. This one is planned for beginning of operations in 2027. The initial planned production capacity is 34 GWh. We don’t yet know where this second US gigafactory will be located. That hasn’t been decided yet..
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