ArenaEV.com ArenaEV.com

Facebook

Twitter

Instagram

RSS

Settings
Units
Power
Standard
Consumption
Currency

Log in

Login

I forgot my password
Sign up
ADVERTISEMENTS

Stellantis and Samsung SDI announce new battery plant in the US

  • Post your comment
  • Comments (6)

Ivan, 25 May 2022

Stellantis Samsung

Stellantis, the automaker merger between Fiat Chrysler and PSA (owner of Peugeot and Opel), has announced a joint venture with battery maker Samsung SDI to build a plant in the US.

The venture will invest over $2.5b (€2.3b) to build a battery plant in Kokomo, Indiana. The construction of the plant is scheduled to begin later this year and the plant is set to become operational in Q1 of 2025.

Stellantis and Samsung SDI announce new battery plant in the US

The target is for a production capacity of 23 GWh (gigawatt hours) in 2025 with the aim to increase that to 33 GWh, and beyond, in the years to come.

Samsung SDI will apply its cutting-edge PRiMX technology in producing the EV battery cells. PRiMX was announced at this year's CES.

The battery plant will go a long way in helping Jeep, Fiat, Chrysler, Citroen, Dodge, Maserati, Opel, Peugeot, and RAM's maker's plans to go fully electric by 2030. This is all part of Stellantis' Dare Forward 2030 strategy that would see it sell up to 5 million EVs by 2030.

Related articles
  • This is Jeep's first EV SUV - coming in 2023 This is Jeep's first EV SUV - coming in 2023
  • Jeep Wrangler Magneto will go from 0 to 60 mph in 2 seconds Jeep Wrangler Magneto will go from 0 to 60 mph in 2 seconds
  • Fiat unveils E-Ulysse MPV with a "living room" internal configuration Fiat unveils E-Ulysse MPV with a "living room" internal configuration
  • Samsung no longer interested in entering EV market Samsung no longer interested in entering EV market

Reader comments

M
  • MaxMcDee
  • Stf
  • 13 Jun 2022

That was a good shift Greg ;) and I agree with you, many people will agree with you. Economic case of buying an electric car is really tough at the moment but the raising fuel costs are making the case stronger. Will we see fuel at €3 or even €4? Mos...

  • Reply
  • Greg
  • nRd
  • 06 Jun 2022

I hear you but I think sales will continue to decline mainly because of inflation, price of general EV that are more than double than ICE, Electricty price that are also spiking (Not like Gaz and Petrole, because of RU/UKR) therefore the gain that wa...

  • Reply
M
  • MaxMcDee
  • Stf
  • 26 May 2022

It may be in decline Greg but from 2035 there will be no more ICE new vehicles sold. Decline is relevant to timescale - sure the numbers dropped if you compare 2020 to 2019 (11.9m v 15.8m cars sold) but it is still huge market compared to 1993 where ...

  • Reply
  • Read all comments
  • Post your comment
Total reader comments: 6

  • Home
  • Compare
  • News
  • Terms
  • Reviews
  • About us
  • Tesla
  • Volkswagen
  • Audi
  • Porsche
  • BMW
  • Mercedes
  • Hyundai
  • Kia
  • Genesis
  • Renault
  • Nissan
  • Ford
  • Volvo
  • Polestar
  • Jaguar
  • Toyota
  • Mazda
  • Mini
  • MG
  • Vinfast
  • Lucid
  • Rivian
  • Cadillac
  • Chevrolet
  • GMC
  • Subaru
  • Nio
  • Xpeng
  • BYD
  • [..]

EV finder

ADVERTISEMENTS

Latest models

  • ModelXiaomi
    YU7 Max
  • ModelNissan
    Leaf 75kWh
  • ModelTesla
    Model S Plaid
  • ModelNissan
    Micra EV 52kWh
  • ModelTesla
    Model X Plaid
  • ModelGenesis
    GV60 Performance AWD

Featured

  • Xpeng P7 AWD quick review and drive Xpeng P7 AWD quick review and drive
  • Benefits of dedicated EV platforms Benefits of dedicated EV platforms
  • AC/DC - basics of EV charging explained AC/DC - basics of EV charging explained
  • Mirror cameras: The pros and cons Mirror cameras: The pros and cons
  • How big is the “fuel tank” of an EV? How big is the “fuel tank” of an EV?
ADVERTISEMENTS

Reviews

  • Fiat 500e review Fiat 500e review
  • AITO M5 review AITO M5 review
  • BMW i5 M60 review BMW i5 M60 review
  • Hyundai Ioniq 5 N review Hyundai Ioniq 5 N review

Home News Compare About us RSS feed Facebook Twitter Instagram

© 2022-2025 ArenaEV.com Mobile version EV Finder Glossary Privacy Terms of use

From the team behind
GSMArena.com