Battery Electric Vehicles

A joint venture between Stellantis and Samsung plans to build an electric vehicle battery factory in Indiana that will employ up to 1,400 workers and become the company’s second such factory in North America. The venture announced plans to spend more than $2.5 billion on the plant in Kokomo that will supply electric battery modules for a range of vehicles produced at Stellantis North American assembly plants. Construction of the plant is expected to start later this year, with the facility expected to open in early 2025…