- Apr 21, 2018
- Reaction score
- Metro Detroit
Stellantis and Samsung SDI Celebrate Milestone in Kokomo Gigafactory Construction
Joint Venture's $2.5 Billion Investment to Boost EV Battery Manufacturing and Local Job Creation...
Stellantis and Samsung SDI have reached a significant milestone in their joint venture electric vehicle (EV) battery manufacturing facility in Kokomo, Indiana. On March 22nd, 2023, the first piece of steel was raised, marking the start of the construction of the new Gigafactory. The occasion was celebrated with the signing of the first steel beam by members of the joint venture management team, Kokomo Mayor Tyler Moore, and other important guests.
Stellantis and Samsung SDI's joint venture electric-vehicle battery manufacturing facility in Kokomo, Indiana, reached a construction milestone. The $2.5 billion investment will create 1,400 new jobs and boost EV battery manufacturing. Read more here. Keywords: Stellantis, Samsung SDI, Kokomo...