Stellantis and Samsung to build 2nd battery factory in US

Stellantis, the French-Italian-American automotive manufacturing corporation, and Samsung SDI, the Korean battery and electronic materials manufacturer, have signed a memorandum of understanding to establish a second battery factory in the US. The plant should start production in 2027 with an initial annual production capacity of 34-gigawatt hours (GWh). Last year, in May 2022, both partners
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