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Samsung SDI and Stellantis agree to form EV battery joint venture · Endata

◂ Announcements

Oct 19, 2021PARTNERSHIP

Samsung SDI and Stellantis agree to form EV battery joint venture

Samsung SDI and Stellantis have signed an MOU to jointly produce electric vehicle batteries for the North American market. The location of the battery joint venture is under review.

Status

Announced

Productselectric vehicle batteries

CompaniesStellantis partner Samsung SDI partner

Sectors#Automotive Components #Semiconductors and Industrial Electronics

“The two companies (Samsung SDI and Stellantis) have struck a MOU (memorandum of understanding) to produce EV batteries for North America.”euronews.com

1 source
euronews.comSamsung SDI, Stellantis agree joint electric vehicle battery deal -source | EuronewsOct 19, 2021

Summarized from public sources; check the original articles before acting on it.

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