# Stellantis and Samsung SDI to build $2.5B battery plant in Kokomo, Indiana

Stellantis N.V. and Samsung SDI signed definitive agreements to establish a joint venture electric-vehicle battery manufacturing facility in Kokomo, Indiana. The plant will invest over $2.5 billion, create 1,400 jobs, and have an initial annual capacity of 23 GWh, targeted to start production in Q1 2025.

- Type: New facility
- Announced: 2022-05-24
- Where: Kokomo, Indiana, United States
- Value: $2.50B
- Jobs: 1,400
- Starts operating: Q1 2025
- Status: announced
- Capacity: 23 GWh initial, up to 33 GWh
- Products: lithium-ion battery modules for electric vehicles
- 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)
- [Samsung SDI](https://endata.com/companies/16013.md) (partner)

## Sources

- [media.stellantisnorthamerica.com](https://media.stellantisnorthamerica.com/newsrelease.do?id=23782), 2022-05-24: "Just under one year ago, we committed to an aggressive electrification strategy anchored by five gigafactories between Europe and 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.