It has stated a goal to sell only electric vehicles by 2035. Construction on the new plant is expected to start within the next year, supporting more than 1,000 jobs during the build.

Automaker Stellantis and battery manufacturer Samsung SDI announced plans Wednesday to spend $3.2 billion to build a second electric-vehicle battery plant in Kokomo, creating up to 1,400 jobs.

This Jan. 27, 2020 photo shows the General Motors logo. General Motors and Samsung SDI have selected New Carlisle as the site of a new electric vehicle battery cell plant in Indiana.

Auto maker Stellantis STLA-0.11%decrease; red down pointing triangle NV and Samsung SDI Co.006400 1.17%increase; green up pointing triangle Ltd. said Tuesday that they would build a new battery ...

June 13 (Reuters) - General Motors (GM.N), opens new tab and Samsung SDI (006400.KS), opens new tab will build a more than $3 billion EV battery cell plant in Indiana scheduled to begin operations ...

Stellantis and Samsung SDI said on Tuesday they will team up to build a $2.5 billion lithium-ion battery plant in Indiana. The project, which will create 1,400 new jobs and could surpass the $3 ...

NEW CARLISLE, Ind. — General Motors and Samsung SDI have selected New Carlisle, Indiana, as the site of a new electric vehicle battery cell plant in Indiana. The companies announced in April the joint ...

Indiana scored big again this week in the national sweepstakes to land new battery-production plants for electric vehicles. General Motors and South Korea-based Samsung SDI on Tuesday announced ...

The Department of Energy reached a conditional agreement with StarPlus Energy, a joint venture between Samsung SDI and Stellantis, to provide a $7.54B loan for two new battery plants in Indiana ...

GM Indiana Battery Plant, New Carlisle, IN - Quick Facts; Projected opening: 2026: Battery production capacity: 30 gigawatt-hours of battery production (annual) ...

Indiana scored big again earlier this month in the national sweepstakes to land new battery-production plants for electric vehicles. General Motors and South Korea-based Samsung SDI announced ...