◂ Announcements

Oct 22, 2021ACQUISITIONUnited States

Samsung SDI and Stellantis form joint venture for EV battery plant

Samsung SDI and Stellantis signed an MOU to form a joint venture to produce battery cells and modules for electric vehicles in North America, with initial capacity of 23 GWh expandable to 40 GWh.

Status

Announced

Capacity

23 GWh, expandable to 40 GWh

ProductsEV battery cellsEV battery modules

CompaniesStellantis partner Samsung SDI partner

Sectors#Automotive Components #Electrical Equipment

“It is an honor for us to build a battery joint venture with Stellantis.”samsungsdi.com

1 source
samsungsdi.comSAMSUNG SDI forms a joint venture with Stellantis to enter into North American EV marketOct 22, 2021

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

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Samsung SDI and Stellantis form joint venture for EV battery plant · Endata