# 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.

- Type: Partnership
- Announced: 2021-10-19
- Status: announced
- Products: electric vehicle batteries
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Stellantis](https://endata.com/companies/7966.md) (partner)
- [Samsung SDI](https://endata.com/companies/16013.md) (partner)

## Sources

- [euronews.com](https://www.euronews.com/2021/10/19/samsung-sdi-stellantis-battery), 2021-10-19: "The two companies (Samsung SDI and Stellantis) have struck a MOU (memorandum of understanding) to produce EV batteries for North America."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.