# 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.

- Type: Acquisition
- Announced: 2021-10-22
- Where: United States
- Status: announced
- Capacity: 23 GWh, expandable to 40 GWh
- Products: EV battery cells, EV battery modules
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [samsungsdi.com](https://www.samsungsdi.com/sdi-now/sdi-news/2672.html), 2021-10-22: "It is an honor for us to build a battery joint venture with Stellantis."

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